Private equity funds with more than $5B of commitments are delivering higher average carried interest rates to partners, according to a new study based on Waterfall data from the Citco group of companies (Citco).

Winners were picked by a panel of leading private equity CFOs, COOs, CCOs, GCs and CTOs who followed a rigorous judging process.

These are some of the findings from Citco's Monthly Hedge Fund Update, which explores performance, capital flows, trade volumes and treasury volumes during the month of May.

After the strong performance achieved throughout 2021 by hedge funds administered by the Citco group of companies (Citco), Q1 2022 has seen a pullback in terms of performance across certain strategies.