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This Tuesday morning find out all about Cambridge Associates being sued over performance calculation; life science companies that are built to last and a new PE fund from LionGold.

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Venture Performance Improves

Venture funds are doing better lately — posting bigger gains on investments and returning more capital to limited partners, according to the Cambridge Associates LLC U.S. Venture Capital Index.


The Good News: PE and VC Funds Outpaced Public Equities in Q4

It’s cause for celebration, if only a little. According to the newest data out of Cambridge Associates, U.S. private equity and venture capital funds bested public equities in the fourth quarter of last year, returning 3.5 percent and 1.2 percent, respectively. The Dow Jones Industrial Average, the Nasdaq, the Russell 2000, and the S&P 500 all showed negative returns in comparison.

Private Equity Overhang Drops Sharply, Cambridge Finds

The private equity overhang dropped substantially in the past three years, according to research by Cambridge Associates. The overhang – uncalled capital available for investment – declined from a peak of $445 billion at the end of 2009 to about $325 billion by the end of 2012, according to a report from Cambridge. A variety of factors explain the decline.

SJF Ventures Raises $90M for Third Fund, Tripling Size of Prior Fund

SJF Ventures has held a final close on its $90 million for its third fund, raising more than three times the amount of its second fund, which totaled $28 million, the firm announced Thursday. Investors in the new fund include CitiDeutsche Bank, MetLife, Prudential Financial, Cambridge Associates, Mercer Consulting, and Trillium Asset Management, SJF said in a press release.


Distributions From Venture Funds Spike

Venture capital returns creep ahead in fits and starts. Distributions to LPs, however, have gone through the roof. In the third quarter of 2012, they hit their highest level since 2001, and they look poised to go higher in the fourth quarter and beyond.

Venture Performance Remains Far Cry From 1996 Heyday

How are U.S. venture capital funds performing? Depends on which time frame one looks at, and whether one focuses on portfolio value or cash returns. But overall, new data from Cambridge Associates shows VC performance improving over a 10-year time frame but third- quarter write-downs weighed on results.

Australian PE/VC Index Rises For 1 Year, Quarterly Time Periods

The Cambridge Associates “Australia Private Equity and Venture Capital Index” rose by 7.80%, net of fees, in the twelve months ending March 31, 2012, according to a quarterly report released by The Australian Private Equity and Venture Capital Association Ltd. For the March ending quarter, the index increased 1.43%, the fifth consecutive quarter of positive […]

PE And Venture Funds Outside U.S. Post Loss In 3Q

The European debt crisis and a rising U.S. dollar tamped down returns on alternative investments outside the United States during the third quarter of 2011. Private equity and venture capital funds investing in developed and emerging markets outside the U.S. posted a loss for the period, Cambridge Associates said in a press release. The release […]

Last Year’s Financial Turmoil Pinches Short Term Venture Returns

Last year’s volatile financial markets have begun to hurt short-term venture returns. No surprise in that. Long-term returns so far remain untouched. Third-quarter returns slipped into negative territory and one-year returns retreated from a mid-year peak, according to data released Wednesday by Cambridge Associates and the National Venture Capital Association. Meanwhile, 10-year returns rose, as […]

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