This financial study is based on actual data from "1,400 U.S. buyout and venture capital funds using a new data set from Burgiss." The data "are derived entirely from institutional investors," and the study uses the data to "reassess the performance of private equity (PE) funds both in absolute terms and relative to public markets." Using the link above, please answer the following querstions:

• Is there a relationship between firm performance and fund size buyout?
• Do buyout funds outperform public markets?
• Do PE investments yield higher premiums for investors relative to public markets?
• Are there any uncertainties in investing in PE?