V
enture capital firms in the U.S. have struggled to meet their hurdle rates even as their performance has steadily improved, research by eFront found.
Only 38 percent of VC funds tracked over two decades produced gains exceeding the traditional 8 percent hurdle, according to a statement Monday from the alternative-assets data provider. Hurdle rates are time sensitive as they’re typically calculated as an internal rate of return.
Image: Illustration by II
