Cambridge Associates reported the net return on its U.S. Venture Capital index for the quarter ended March 31 was 19.08%, up from 14.07% for the previous quarter. The U.S. Private Equity index net return for the quarter was 3.8%, down from 6.15% the previous quarter. The Standard & Poors 500 index returned 4.98% for the quarter. For the year ended March 31, the venture index net return was 36.16%, beating the 34.09% S&P 500 one-year return. The net return on Cambridges private equity index for the period was 10.24%.