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.
PE/VC Benchmark Commentary Series
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.
US PE / VC Benchmark Commentary: First Half 2018
For the first half of 2018, returns for US private equity and venture capital were strong, with only 1 percentage point separating the performance of the two asset classes, as indicated by the Cambridge Associates LLC benchmark indexes.
Global ex US PE / VC Benchmark Commentary: Fourth Quarter 2017
In USD terms, the Cambridge Associates LLC benchmark indexes for global ex US developed and emerging markets private equity and venture capital (PE/VC) produced nearly identical results in fourth quarter 2017 (5.7% and 5.6%, respectively); but, for the year, the developed markets index earned a significantly better return (30.0% versus 18.9%).
US PE / VC Benchmark Commentary: Fourth Quarter 2017
US private equity and venture capital returns were both in the double digits for calendar year 2017, but the divide between the results for the Cambridge Associates LLC indexes for the two asset classes was fairly wide.
Global ex US PE / VC Benchmark Commentary: Third Quarter 2017
The Cambridge Associates LLC global ex US developed markets PE/VC index returned 21.0% year-to-date, boosted by its 5.4% third quarter return. The emerging markets index 4.4% for the quarter and 12.2% year-to-date.
US PE / VC Benchmark Commentary: Third Quarter 2017
In third quarter 2017, the Cambridge Associates LLC US Private Equity Index® returned 3.9%, matching or beating the previous two quarters to bring its year-to-date return to 11.7%. The Cambridge Associates LLC US Venture Capital Index® returned 3.2% for third quarter, an increase from a weak second quarter; the venture index’s year-to-date performance was 8.1%.
Global ex US PE / VC Benchmark Commentary: Second Quarter 2017
In second quarter 2017, in USD terms, the Cambridge Associates LLC Global ex US Developed Markets Private Equity and Venture Capital Index (PE/VC) returned 10.2% to bring its first half performance to 14.7%. The Cambridge Associates LLC Emerging Markets Private Equity and Venture Capital Index earned 3.3% in second quarter, bringing its six-month return to 7.5%.