U.S. venture capital funds had a net return of 27% for the quarter ended Sept. 30, down from 37% for the quarter ended June 30, according to data from Cambridge Associates proprietary benchmark database. The U.S. private equity index returned 2.2% for the third quarter, down from 10.8% for the second quarter. But the net return on venture funds was 136.4% for the year ended Sept. 30, beating the 27.8% S&P 500 return for the same period. The private equity index returned 24.9% for the same period.
U.S. venture capital funds had a net return of 27% for the quarter...
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