The last 10 vintage years of venture capital partnerships' have an average total value to paid in capital of one. Five of the 10 vintage years have a TVPI below one.
Venture capital partnerships are on pace for their worst fundraising year since 2003. Only $9.1 billion was raised in the first three quarters of 2010.
Risk/return assumptions for CalPERS
Global Islamic fund management AUM
Q1 VC exits
Job loses at large public money managers
Digging through hundreds of regulatory filings and financial reports for Pensions & Investments' annual issue on the largest 1,000 retirement plans, we uncovered a gem of transparency.
The number of venture capital firms is expected to decline over the next five years, according to a recent survey by the National Venture Capital Association.
Shares of money management firms have rallied nicely this year.
Secondary median bids for private equity funds increased to 43.22% of net asset value as of June 1, from 36.26% at the end of the first quarter, according to a report to be issued Friday.
On April 2, independent economist Edward Yardeni pointed out in his daily email commentary that a record amount of liquid assets was sitting on the sidelines.