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Global Fund Performance Report as of Q2 2020 (with preliminary Q3 2020 data)

2021

Global Fund Performance Report as of Q2 2020 (with preliminary Q3 2020 data)

March 3, 2021

Global Fund Performance Report as of Q2 2020 (with preliminary Q3 2020 data)
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VC leads the way in latest private fund performance

Venture capital funds posted a horizon IRR of 10.5% during the third quarter of 2020, the best figure for any major private market strategy and topping a return of 9.8% for private equity. PitchBook's latest Global Fund Performance Report takes a close look at the ways those figures compare with other major private-market strategies—and how they compare with VC and PE fund performance on much longer horizons. Key takeaways include:
 
  • Across all strategies, private capital funds recorded a 6.8% return in Q3, compared with 4.4% on a one-year horizon
 
  • In terms of returns, real assets has lagged behind other private strategies over the past decade
 
  • Still, each strategy has posted positive results over three-, five-, and 10-year horizons