PME, or public market equivalent, has increasingly become a popular analysis and benchmarking methodology in private equity. However, PME is not a simple benchmarking tool. Each of the methodologies have their own merits and other aspects to consider.
Which method is right for you? That will really be determined by your LPs, and may vary from LP to LP.
Download the Cobalt white paper on PME methodologies to understand which methodology is best for your fund, and what you should know when you calculate PME.