Australasian private equity and venture capital funds delivered a 18% net return, in New Zealand dollars, for the 3-years ending 31 March 2017, according to data provided by Cambridge Associates. Investors have enjoyed attractive returns driven by strong distributions in excess of $3.0 billion back to investors during the past year. Australasian private equity and venture capital funds have strongly outperformed local listed market comparisons for three-year, five-year and 10-year periods. The 15year annualised return on Australasian private equity and venture capital was 11 per cent compared with a public market equivalent 5 per cent for the S&P ASX 300, a value-add of 600 basis points. A similar theme of strong returns and record distributions has occurred across global private equity and venture capital markets over the same 15 year period.
