Assertion Supported AI assessment confidence: 90% certainty 4/5 debate potential 2/5

MacDonald: Private markets historically beat public markets by 580 bps over 10-year periods

Lane MacDonald · Lane MacDonald – Teamwork, Alignment, and Investing at the Highest Levels at SCS (EP.483) · Jan 26, 2026 · at 50:29

Lane MacDonald, Chief Investment Officer at SCS Financial, discusses historical benchmark data comparing private equity performance to public markets.

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“From a math standpoint, if you look back over any 10 year rolling period, Privates have performed publics by 580 basis points. Over three-year rolling periods, 500 basis points. This last three years is one of the rare three-year cycles that hasn't.”

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