Private Equity and Venture Capital indices are capital weighted, the largest vintage years mainly drive the indices' performance. Sources: Cambridge Associates LLC, Dow Jones & Company, Inc., Frank Russell Company, Standard and Poor's, and Thomson Datastream. Note: Because the U.S. Private Equity Index and Venture Capital Returns (%) for the Periods ending JFor the periods ending June 30, 2010 The following table provides comparative returns for the second quarter and longer periods for private equity and venture capital vis-à-vis several key public market indices. Returns for periods of one year and longer are annualized. Private equity and venture capital funds also both generated positive returns for the first half of 2010, as measured by Cambridge Associates' benchmark indices, in contrast with the major public market indices, which were negative for the first half. The private equity index returned 5.8% for the first two quarters the venture capital index returned 1.0%. The Dow Jones Industrial Average and NASDAQ Composite indices lost 5.0% and 7.0%, respectively, over the same period.
Private equity outperformed venture capital during the second quarter. Both earned better returns during the period than the major public market indices, which suffered their first negative quarter in a year. Funds in the private equity index returned 1.6% in the second quarter, down from 4.4% in the first quarter funds in the VC index earned 0.4%, compared to 0.7% in the previous quarter. By comparison, the Dow Jones Industrial Average lost 9.4% in value during the second quarter, while the NASDAQ Composite index fell 12.0%. Private Equity and Venture Capital Beat out Public Equities in the Second Quarter, and First Half, of 2010 Private Equity Index® and the Cambridge Associates LLC U.S.
BOSTON, MA-(Marketwire - November 17, 2010) - The quarter ending Jmarked the continuation of a five-quarter trend of positive returns in private equity and venture capital funds, according to Cambridge Associates LLC, a provider of independent research and investment advice to institutional investors and private clients. Earnings in both types of funds were down from the prior quarter, however, marking the third consecutive quarter-to-quarter decline for these alternative assets.Ĭambridge Associates publishes a quarterly commentary on the performance of private equity and venture capital as measured by two indices: the Cambridge Associates LLC U.S.
0 kommentar(er)
