Money raised by funds highest since 2000
This is being driven by a growing interest in environmentally friendly projects such as bio fuels and liquid hydrogen.
The resurgence of money into VCs has come in spite of their continued underperformance compared with generalist or big buyout firms.
The average internal rate of return over the life of all VC funds since 1980 until 2006 was 5.5% compared to 14.4% for buyout firms.
Thursday, 14 June 2007
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