{
  "docId": "019dd923-5ca1-7489-b635-efee526b2162",
  "docSlug": "6ebe7bc3c470921e",
  "documentTitle": "Global Private Equity Report 2015",
  "authorId": "Bain",
  "authorName": "Bain",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "portrait",
  "aspectRatio": 0.773,
  "pageNumber": 26,
  "pageCount": 68,
  "prevPage": 25,
  "nextPage": 27,
  "slideType": "appendix_data",
  "function": "analyze_data",
  "density": "dense",
  "nDataPoints": 30,
  "notes": "The slide provides a detailed analysis of PE performance benchmarks using mPME methodology.",
  "elementsJson": [
    "paragraph",
    "bar_chart_grouped",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5ca1-7489-b635-efee526b2162/26",
  "deckHref": "/decks/019dd923-5ca1-7489-b635-efee526b2162",
  "deckJsonHref": "/decks/019dd923-5ca1-7489-b635-efee526b2162.json",
  "deckAnchorHref": "/decks/019dd923-5ca1-7489-b635-efee526b2162#slide-26",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "PE's continued ability to outpace public market gains over the long term can no longer be taken for granted.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd951-b48c-7655-b2fe-02063c02174a",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.255,
        "w": 0.764,
        "x": 0.118,
        "y": 0.593
      },
      "kind": "chart",
      "text": "US, Europe, and Asia-Pacific performance comparison charts",
      "attrs": null,
      "subkind": "bar-grouped",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "58cb21ba-3490-4963-a934-55ea6579b39e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "End-to-end pooled IRR",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd951-b48c-7655-b2fe-06c9f777a9d4",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.395,
        "w": 0.764,
        "x": 0.118,
        "y": 0.123
      },
      "kind": "paragraph",
      "text": "measurement standard called the public market equivalent (PME)...",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "f016a455-cd1d-4b06-b1c4-aa94d0f86698",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.035,
        "w": 0.764,
        "x": 0.118,
        "y": 0.882
      },
      "kind": "source-note",
      "text": "Notes: Europe includes developed economies only; Cambridge Associates' mPME is a proprietary private-to-public comparison methodology... Source: Cambridge Associates",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "9a1a122d-0e48-4cd2-aabd-cbddbb1243fc",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.015,
        "w": 0.764,
        "x": 0.118,
        "y": 0.538
      },
      "kind": "title",
      "text": "Figure 1.16: Buyout funds have outperformed public markets in all major regions over longer time horizons",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b67bf948-3eb2-42f3-983e-f1d9b19a105e",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "Action Titles",
      "slug": "action-titles",
      "agent": "Architect",
      "layer": "slide",
      "matchId": "019dd95a-173e-703c-8767-a319905f5575",
      "evidence": "'Buyout funds have outperformed public markets in all major regions'",
      "confidence": 85
    },
    {
      "name": "Legend / context",
      "slug": "legend-context",
      "agent": null,
      "layer": "slide",
      "matchId": "283c1633-788f-4a8c-8f98-08bb6c691a1b",
      "evidence": "The slide provides context for the legend of a chart, which helps to clarify the meaning of the data.",
      "confidence": 0.6
    },
    {
      "name": "So What? Test",
      "slug": "so-what-test",
      "agent": "Architect",
      "layer": "slide",
      "matchId": "019dd95a-173e-703c-8767-a501a08f00ed",
      "evidence": "Callout: 'can no longer be taken for granted'",
      "confidence": 75
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 28,
      "from": 20,
      "beatId": "019dd95a-07a4-702a-b0b2-8bbe0cc98a23",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Problem & Complication",
      "beatSlug": "consultants-gambit-problem-complication",
      "evidence": "'Mind the gap' returns concern and key takeaways frame the tension",
      "position": 2,
      "confidence": 82,
      "parentBeatName": "Complication",
      "parentBeatSlug": "complication"
    },
    {
      "to": 28,
      "from": 7,
      "beatId": "019dd95a-07a5-761b-9143-81ee316ec9c7",
      "arcName": "The Triple Take",
      "arcSlug": "triple-take",
      "beatName": "The Facts (What)",
      "beatSlug": "triple-take-the-facts-what",
      "evidence": "Section 1: what happened in PE in 2014",
      "position": 1,
      "confidence": 70,
      "parentBeatName": "Setup",
      "parentBeatSlug": "setup"
    }
  ],
  "loops": [
    {
      "to": 27,
      "from": 22,
      "name": "Benchmark Gap",
      "slug": "39-benchmark-gap",
      "bestFor": "Performance improvement, competitive analysis, target setting",
      "matchId": "019dd95a-088c-724c-b312-34a8e73fd7b5",
      "evidence": "Short-term, long-term, vintage and top-quartile vs bottom-quartile comparisons.",
      "position": 4,
      "objective": "Benchmark PE returns vs public markets and across quartiles",
      "structure": "Our Performance -> Industry Average -> Best-in-Class -> The Gap = The Opportunity",
      "confidence": 80,
      "description": "Compare performance against best-in-class to quantify the opportunity"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}