The latest set of private equity performance data is out, and it looks a lot like the previous set. The only real changes come in one-year returns for both venture and buyouts, with the former dropping from 13.7% to 10.8%, and the latter dropping from 26.2% to 23.6 percent.
Also notable is the short-term rebound of mid-market buyout funds ($250m-$500m), with one-year returns of 37.2 percent. Of course, it would probably be more accurate to refer to this as the rebound of small-market funds, given that todays $250m-$500m wont really let you play in todays mid-market. The $0-$250m category in this revised categorization would be micro-market
But I digress. Here’s the release from Thomson Financial and the National Venture Capital Association: PE_Performance.doc