US PE/VC Benchmark Commentary: Third Quarter 2015
While US private equity and venture capital struggled during third quarter 2015, they both outperformed the S&P 500, the Russell 2000® small-cap, and the Nasdaq Composite indexes. The third quarter return of -1.4% for the Cambridge Associates LLC US Private Equity Index® marked the benchmark’s first negative quarter in three years and the -0.4% return for the Cambridge Associates LLC US Venture Capital Index® represented that benchmark’s first down quarter since 2011.