Venture capital returns earned 6.5% for the quarter and 15.1% for the year ended Sept. 30, according to the Cambridge Associates LLC U.S. Venture Capital index released Monday.
The returns were an improvement from the prior quarter and year-earlier quarter when venture capital returned 4.3% and 0.6%, respectively.
For the five years ended Sept. 30, venture capital returned 7.5%; and for 10 years, 8.6%; up from 4.5% and 6.1%, respectively, for the five- and 10-year periods ended Sept. 30, 2012. Multiyear returns are annualized.