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.
Private Equity/Venture Capital
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).
Venture Capital Positively Disrupts Intergenerational Investing
Families of wealth face three key questions about intergenerational wealth planning: how best to invest to sustain future generations; how best to engage the next generation; and how best to ensure family unity endures. Often each question is addressed independently. We find that a conversation across generations about the impact of a meaningful venture capital allocation can help address all three questions in an integrated manner.
Under the Microscope: Private vs Public Company Operating Metrics for US Companies
This analysis includes our observations and more than 30 charts on key metrics including purchase price multiples, leverage multiples, revenue growth, earnings (EBITDA) growth, and earnings (EBITDA) margins.
Is Private Equity Energy Dead?
No. But, the game has changed and to be successful, investors should adopt a new commitment strategy.
Global ex US PE / VC Benchmark Commentary: Second Half & Calendar Year 2018
The developed ex US and emerging markets PE/VC indexes have handily outperformed their public market counterparts across time based on modified public market equivalent (mPME) returns.
Review of Market Performance: Fiscal Year 2019
Fixed income assets and gold advanced, as escalating trade tensions cast uncertainty regarding the global growth outlook and global central banks sounded a more dovish tone; equities and other real assets were more mixed. This chart book presents returns and other market metrics for fiscal year 2019.
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.
Are Private Equity Mega Funds in a Category by Themselves?
Mega funds are indeed in a category by themselves, namely that of a new public markets proxy.
Should Investors Allocate to Public or Private Chinese Investments?
Public and private Chinese equities both present attractive investment opportunities today.