The New Early Stage Fund Fling

Across the globe, 133 early stage venture funds are on the road seeking $10.7 billion in capital. Some, apparently, are meeting with success. From January to July this year, 40 early stage funds closed on $7.4 billion, Preqin reports.

Cleantech Fund Performance Might Surprise

Cleantech funds are hardly barnburners, but it is interesting to note that many may have performance multiples of at least capital invested. This is according to Preqin, which in a recent report found the median multiple for cleantech funds is above 1.00x. The company compares distributions and fund value with cash invested. The company said […]

Anthony Habgood to Chair Preqin

Data and intelligence provider Preqin has appointed Anthony Habgood to the company’s board of directors as chairman. Anthony is chairman of Reed Elsevier and Whitbread plc. PRESS RELEASE Preqin, the alternative assets industry’s leading source of data and intelligence, is pleased to announce that Anthony Habgood has joined the company’s board of directors as Chairman. […]

Tepid Report On Secondary Fundraising Finds 27 Funds On The Road

Twenty-seven secondary funds are out seeking capital, according to a report from Preqin. The funds hope to raise $19.8 billion from investors with a majority of the new investment vehicles focused on North America. According to Preqin, 59% target stakes in North American private equity funds, while 30% set their sights on Europe. The remaining […]

1997 Appears The Top Year For Venture Returns; 2008 Median IRR Still In The Red

I came across a smidgen of data today that may not surprise anyone, but is worth mentioning. Vintage year 1997 venture capital funds appear to lead the industry in returns. Two years later, performance entered a downward slide that hasn’t completely reversed. According to a Preqin analysis of fund IRRs, vintage 1997 funds “have achieved […]

North Carolina Apparently Completes $520M Secondary Market Sale Of Buyout Funds

There isn’t much public information to be had, but it appears North Carolina completed the sale of a $520 million portfolio of large buyout funds. Preqin reports the state’s public pension fund first brought the portfolio to market in February and since then has secured an undisclosed buyer. The money manager’s aim is to reduce its […]

PEHUB Community

Join the 12505 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget