New Frontiers in Venture Capital and Private Equity Investing

Abstract

With over $2.2 trillion raised and nearly $1.5 trillion invested over the period between 1998 and 2007, the venture capital and private equity industry continues to be an important asset class. The industry is a strong contributor toward supporting firms deploying new technologies, increasing sales growth for expanding firms, developing export markets, increasing employment, and reducing rates of failure. For limited partners, the venture capital and private equity industry provides access to private firms that would otherwise not be possible.