An Introduction to Leveraged Buyout Strategies
This primer provides an in-depth overview of buyouts, including types and characteristics, the investment process, returns, risks, and the due diligence process.
Authored by: Caryn Slotsky
Global ex US PE/VC Benchmark Commentary: Second Quarter 2015
The Cambridge Associates LLC Global ex US Developed Markets Private Equity and Venture Capital Index returned 7.6% in US$ terms in second quarter 2015; the Cambridge Associates Emerging Markets Private Equity and Venture Capital Index returned 4.4%.
US PE/VC Benchmark Commentary: Second Quarter 2015
US private equity and venture capital funds produced healthy results during second quarter 2015, outpacing the S&P 500, the Russell 2000® small-cap, and the Nasdaq Composite indexes. Second quarter’s 3.8% return for the Cambridge Associates LLC US Private Equity Index® marked the benchmark’s 12th straight positive quarter, while the 6.7% return for the Cambridge Associates LLC US Venture Capital Index® represented that benchmark’s 15th consecutive positive quarter.
Global ex US PE/VC Benchmark Commentary: First Quarter 2015
The Cambridge Associates LLC Global ex US Developed Markets Private Equity and Venture Capital (PE/VC) Index® returned -2.8% in US$ terms in first quarter 2015; the Cambridge Associates LLC Emerging Markets Index® returned 3.1%.
US PE/VC Benchmark Commentary: First Quarter 2015
US private equity and venture capital earned solid returns during first quarter 2015, outpacing the S&P 500 but trailing the Russell 2000® small-cap index. First quarter’s 2.6% return for the Cambridge Associates LLC US Private Equity Index® was an improvement over its 0.8% performance in the previous quarter while the 3.8% return for the Cambridge Associates LLC US Venture Capital Index® was a 6.1 ppt drop from results in the prior quarter.
Global ex US PE/VC Benchmark Commentary: Fourth Quarter 2014
The Cambridge Associates LLC Global ex US Developed Markets Private Equity and Venture Capital (PE/VC) Index® was virtually flat (0.1%) in US$ terms in fourth quarter 2014, bringing its return for the year to 3.5%, which was a sharp drop from the prior year. The Cambridge Associates LLC Emerging Markets PE/VC Index® returned 4.5% for the fourth quarter and 14.3% for the year.
US PE/VC Benchmark Commentary: Fourth Quarter 2014
Funds in the Cambridge Associates LLC benchmark indexes for US private equity and venture capital earned double-digit returns in 2014, but neither index performed as well as it did in 2013.