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The road subsector performance has been adversely affected by the massive importation of used vehicles into the country.
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One silver lining in the report: the secondary market was the only subsector of private equity to turn in a strong performance, collecting $17.5 billion in 2009, up 83% from 2008 and a new record.
The fund has recently shifted subsector allocation to 56% in energy stocks, hoping to cash in on their high performance.
U.S. Army Reserve Center of the Manhattan Subsector Command, Southern N.Y.
Apartments were the darling real estate subsector.
Employment in the wired telecommunications carrier subsector declined by 46percentt.
The financial crisis has taken an uneven toll among retailers, a major subsector in consumer cyclicals.
Performance, performance, performance.
Overall, utilities employment declined by 21percentt between 1990 and 2003, with the electricity subsector declining by 35percentt.
"The malaise of retail has moved onto another subsector of retailing," said Bill Dreher, a senior retailing analyst with Deutsche Bank Securities.
"There has to be a subsector you focus on so you can develop some expertise and understanding".
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