Is Early- or Late-Stage a Better Investment Opportunity?
Which stage of venture capital — early or late — is best positioned to weather the current economic and financial climate? Doug Hamilton of SVB Capital posed this question to a panel of early, late and balanced fund managers.
Innovation and Manager Selection Drive Venture Returns
Continued turbulence in the global financial markets during the first half of 2008 has impacted investment into venture capital and prompted limited partners to revisit the benchmarks and models they have used to define and predict success in the asset class.
The Importance of Fund Management Terms
As the private equity industry has grown, so has the challenge of designing partnership agreement terms that align the interests between general partners and their limited partner investors.