U.S. private equity returned 4.3% for the second quarter, its best quarterly return since the fourth quarter of 2007, and 1.1% for the six months ended June 30, while venture capital offered a 0.2% return for the second quarter but lost 2.6% for the same six-month period, according to Cambridge Associates.
Private equity managers called more capital than they returned as profits to investors in the second quarter. Private equity mangers called about $7.4 billion, $1.1 billion more than the first quarter.
U.S. private equity sees best gain in six quarters