US venture capital fund performance improves
A stronger IPO market has sparked improving returns for U.S. venture capital funds, writes Venture Capital Journal senior editor Mark Boslet. As of the third quarter of last year, gains were evident across most benchmark timeframes, including the quarterly, one-year, three-year, five-year, 10-year and 15-year periods, according to a report from Cambridge Associates and the National Venture Capital Association. Only the 20-year time frame failed to advance. The report found one-year returns rose to 15.1% from 8.9% in June and three-year returns were 14.4%, up from 13.5% in June. The ten-year performance was 8.6%, up from 7.8%, and quarterly returns were 6.5%. The 20-year time frame was essentially unchanged at 30%.
4 February 2014•1 min read
