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US-based PE managers delivered strong returns in 2016 while VC managers were flat, says Cambridge Associates

US-based PE managers delivered strong returns in 2016 while VC managers were flat, says Cambridge Associates

Private equity (PE) managers in the US posted their strongest annual returns since 2013 in 2016, while US venture capital (VC) funds performed worse last year than they have since 2008, according to the benchmark indexes of the two alternative asset classes from Cambridge Associates.