Private equity performance was -27.8% in the fourth quarter of 2001...

Private equity performance was -27.8% in the fourth quarter of 2001, compared with a loss of 32.4% in the third quarter, according to a Thomson Venture Economics and National Venture Capital Association report. For the one-year period ended Dec. 31, private equity was down 18.5%, but it was up 13.2% for the three-year period, the report showed.