Private equity, venture capital returns down in Q2

U.S. private equity and venture capital returns for the quarter ended June 30 were down from the prior quarter, with private equity down 5.5 percentage points to -0.1% and venture capital down 4.1 percentage points with a 0.6% return, according to data released Tuesday by Cambridge Associates.

Cambridge's U.S. Private Equity index return was 6.2% for the year, 6% for the five years and 12.8% for the 10 years, all ended June 30. All periods were down from the previous quarter, when Cambridge's U.S. Private Equity index return was 10.9% for the year, 7.3% for the five years and 12.7% for the 10 years ended March 31.

Cambridge's U.S. Venture Capital index return was 6% for the year, 4.9% for the five years and 5.3% for the 10 years ended June 30. Only the 10-year return was an increase from the first quarter, when the U.S. Venture Capital index return was 12.8% for the year, 5.9% for the five years and 4.4% for the 10 years ended March 31.

All multiple-year returns are cumulative.