Global ex US PE/VC Benchmark Commentary: Calendar Year 2020
In 2020, the Cambridge Associates LLC Developed Markets (ex US) Private Equity and Venture Capital Index® returned 33.1% in USD terms.
PE/VC Benchmark Commentary Series
US PE/VC Benchmark Commentary: Calendar Year 2020
In 2020, the US private equity and venture capital (PE/VC) indexes shook off first quarter declines to enjoy one of their best years ever, with returns in each quarter surpassing the previous one; for the year, the Cambridge Associates LLC US Private Equity Index® returned 27.8% and the Cambridge Associates LLC US Venture Capital Index® gained 50.1%. For PE, 2020 was the fourth-best year and for VC, it was the second.
Global ex US PE/VC Benchmark Commentary: First Half 2020
The Cambridge Associates LLC Developed Markets ex US Private Equity and Venture Capital (PE/VC) Index returned -1.5% in first half 2020 in USD terms after suffering significant losses (-10.8%) from the onset of COVID-19 in first quarter. The Cambridge Associates LLC Emerging Markets Private Equity and Venture Capital Index earned 4.7% due to a strong second quarter recovery of 11.4% and a modest pandemic-driven downturn earlier in the year.
US PE/VC Benchmark Commentary: First Half 2020
First half 2020 was downright Dickensian (as in a “tale of two quarters”); first quarter returns were down as the COVID-19 pandemic began to close economies, while second quarter performance was strongly positive as public and private investments rebounded.
Global ex US PE and VC Benchmark Commentary: Calendar Year 2019
With few exceptions heading into the COVID-19 crisis, the developed and emerging markets PE and VC indexes have handily outperformed their public market counterparts across time.
US PE/VC Benchmark Commentary: Calendar Year 2019
For calendar year 2019, US private equity and venture capital produced high double-digit returns, as indicated by the Cambridge Associates LLC benchmark indexes.
US PE/VC Benchmark Commentary: First Half 2019
For first half 2019, US private equity and venture capital produced double-digit returns, as indicated by the Cambridge Associates LLC benchmark indexes.
Global ex US PE/VC Benchmark Commentary: First Half 2019
The developed and emerging markets PE/VC indexes have outperformed their public market counterparts across time (based on modified public market equivalent returns).
US PE/VC Benchmark Commentary: Second Half 2018
In contrast to the public markets, and despite a weak fourth quarter, the Cambridge Associates US private equity and venture capital indexes both produced double-digit positive returns for calendar year 2018.
Global ex US PE / VC Benchmark Commentary: First Half 2018
The developed ex US and emerging markets PE/VC indexes outperformed the comparable public equity index (MSCI EAFE and Emerging Markets Indexes), based on mPME returns, for all time periods ending June 30, 2018.