Global ex US PE/VC Benchmark Commentary

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In the first quarter, the Cambridge Associates LLC Global ex US Developed Markets Private Equity and Venture Capital (PE/VC) Index rose 3.4% in US$ terms; the Cambridge Associates LLC Emerging Markets PE/VC Index rose 2.7%. Both the global ex US developed and emerging markets PE/VC indexes outperformed their public market counterparts in the first quarter, which is consistent with the indexes’ general outperformance over the long term.