Following a period of mass speculation, the stock market had crashed in 1929, and the investing world was looking for a better way.

FORBES: Value Investing Getting Too Crowded? Another Golden Age Of Growth Investing Is On The Way

With the stock market tumbling in the third quarter and other warning signals flashing red, there has been speculation that private equity portfolios would be hit hard and show big losses.

FORBES: Private Equity Surprise: Portfolios Are Holding Up Fine