Our Insights

We have a point of view. One that is borne of weeks and months, sometimes years, of investigation, due diligence, and testing. Here you will find everything from market commentaries and benchmarking data to perspectives on diversification and portfolio construction. We apply a healthy skepticism to new ideas while challenging the old standbys. We aim to incite dialogue, test assumptions, and provide a rationale for our recommendations. Watch us. Understand our perspective. Perhaps you will agree, perhaps not. Either way, we hope you will gain some insights.
  • September 2016

    The Private Path to Latin America’s Most Dynamic Sectors

    For investors seeking regional diversification and differentiated exposure to emerging markets, Latin American private equity and venture capital warrants serious consideration.

  • September 2016

    The Foundation of Good Governance for Family Impact Investors: Removing Obstacles and Charting a Path to Action

    Before incorporating impact investments into their portfolios, we encourage families to define the overall context for their impact investments. Our contextual framework—focused on purpose, priorities, and principles—establishes the base of impact strategy and guides the development of governance structures. These elements will help ensure that family values and decision-making processes are advantages rather than obstacles in pursuing impact investing goals and objectives

  • August 2016

    Keeping Underwater Endowments Afloat (and the Programs They Support)

    When endowment funds slip “underwater” (below the historic dollar value of the original gift), institutions face a tradeoff between distributing anticipated budget support and restoring the endowment to its original value. Ultimately, the choice of underwater policy depends on the situation and needs of each institution in balancing endowment preservation with program support.

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  • September 2016

    Preliminary Index Returns 2016 2Q

    Access our preliminary returns for U.S. Venture Capital, U.S. Private Equity, Global ex U.S. Developed Markets and Emerging Markets Private Equity & Venture Capital, Global Buyout, Growth

  • August 2016

    US PE/VC Benchmark Commentary

    US private equity and venture capital funds had a tough first quarter in 2016, as indicated by the Cambridge Associates LLC benchmark indexes of the two alternative asset classes. The Cambridge Associates LLC US Private Equity Index® eked out a return of 0.2%; the Cambridge Associates LLC US Venture Capital Index® returned -3.3%.

  • August 2016

    Australia Private Equity and Venture Capital Benchmark Statistics 2016 Q1

    Our Australia index and benchmark statistics are based on data compiled from 64 private equity and 25 venture capital funds investing in Australia and New Zealand,

  • August 2016

    U.S. Venture Capital 2016 Q1

    Our U.S. Venture Capital index and benchmark statistics are based on data compiled from over 1,600 institutional-quality venture capital funds formed between 1986 and 2016. This

  • August 2016

    U.S. Private Equity 2016 Q1

    Our U.S. Private Equity index and benchmark statistics are based on data compiled from more than 1,200 institutional-quality buyout, growth equity, private equity energy, and mezzanine

  • August 2016

    Ex U.S. Developed Markets and Emerging Markets Private Equity and Venture Capital 2016 Q1

    Our Ex U.S. Developed Markets and Emerging Markets Private Equity & Venture Capital index and benchmark statistics are based on data compiled from more than 1,300

  • August 2016

    Buyout & Growth Equity 2016 Q1

    Our Buyout & Growth Equity index and benchmark statistics are based on data compiled from more than 1,800 institutional-quality global buyout and growth equity funds formed

  • August 2016

    Real Estate 2016 Q1

    Our Real Estate index and benchmark statistics are based on data compiled from more than 800 institutional-quality global buyout and growth equity funds formed between 1986

  • August 2016

    Global ex US PE/VC Benchmark Commentary

    The Cambridge Associates LLC Global ex US Developed Markets Private Equity and Venture Capital (PE/VC) Index returned 2.0% in USD terms in fourth quarter 2015, bringing its return for the year to 5.7%, a small improvement over 2014. The Cambridge Associates LLC Emerging Markets PE/VC Index returned 5.1% in fourth quarter and 8.5% for the year, a drop of more than 5 percentage points from its 2014 return.

  • July 2016

    Clean Tech Company Performance Statistics 2015 Q4

    Our Clean Tech Company Performance Statistics report evaluates the gross company-level performance of more than 1,300 investments in more than 700 clean tech companies. These are

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