Cambridge Associates today released research showing that private equity and venture capital investments improved in Q2, after three straight quarters of shrinkage. On the downside (depending on your perspective), several public market indices performed better.
Private returns still look better over the long term, growing, growing faster than all public markets for three years out and older.
Also, capital calls to LPs during second quarter exceeded distributions. “New investments have required more equity than those made in recent years due to tight credit markets,” said the report, which you can view below: