State Street Corporation has launched a new investable index that provides public access to private equity sector exposures.  The State Street Liquid Private Equity Investable Index is a liquid proxy for direct private equity investment and is the first in a series of investable indices. It was developed from research generated by State Street’s academic partnership, State Street Associates, which suggests that private equity managers collectively outperform the public equity markets in part by anticipating the relative performance of economic sectors.  Based on this evidence, the model identifies private equity sector exposures utilizing the proprietary State Street GX Private Equity...