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Article

Venture Capital Fund Performance

Michael McKenzie and Bill Janeway
The Journal of Alternative Investments Fall 2011, 14 (2) 24-35; DOI: https://doi.org/10.3905/jai.2011.14.2.024
Michael McKenzie
is a professor in the Faculty of Economics and Business at the University of Sydney in New South Wales, Australia, and is a research associate at the Centre for Financial Analysis and Policy at the Judge Business School in Cambridge, UK.
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  • For correspondence: michael.mckenzie@sydney.edu.au
Bill Janeway
is a senior research associate at the Centre for Financial Analysis and Policy at the Judge Business School in Cambridge, UK, and is a senior advisor at Warburg Pincus in New York, NY.
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  • For correspondence: bill.janeway@warburgpincus.com
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Article Information

vol. 14 no. 2 24-35
DOI 
https://doi.org/10.3905/jai.2011.14.2.024

Published By 
Pageant Media Ltd
Print ISSN 
1520-3255
Online ISSN 
2168-8435
History 
  • Published online September 30, 2011.

Copyright & Usage 
© 2011 Pageant Media Ltd

Author Information

  1. Michael McKenzie
    1. is a professor in the Faculty of Economics and Business at the University of Sydney in New South Wales, Australia, and is a research associate at the Centre for Financial Analysis and Policy at the Judge Business School in Cambridge, UK. (michael.mckenzie{at}sydney.edu.au)
  2. Bill Janeway
    1. is a senior research associate at the Centre for Financial Analysis and Policy at the Judge Business School in Cambridge, UK, and is a senior advisor at Warburg Pincus in New York, NY. (bill.janeway{at}warburgpincus.com)
  1. To order reprints of this article, please contact Dewey Palmieri at dpalmieri{at}iijournals.com or 212-224-3675.
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The Journal of Alternative Investments: 14 (2)
The Journal of Alternative Investments
Vol. 14, Issue 2
Fall 2011
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Venture Capital Fund Performance
Michael McKenzie, Bill Janeway
The Journal of Alternative Investments Sep 2011, 14 (2) 24-35; DOI: 10.3905/jai.2011.14.2.024

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Venture Capital Fund Performance
Michael McKenzie, Bill Janeway
The Journal of Alternative Investments Sep 2011, 14 (2) 24-35; DOI: 10.3905/jai.2011.14.2.024
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  • Article
    • Abstract
    • VENTURE CAPITAL FUND CHARACTERISTICS
    • VENTURE FUND PERFORMANCE
    • VENTURE FUND PERFORMANCE VERSUS PUBLIC EQUITY PERFORMANCE
    • VENTURE FUND PERFORMANCE RELATIVE TO THE INDUSTRY
    • VENTURE CAPITAL FUNDS AND THE DOT-COM BUBBLE
    • CONCLUSION
    • ENDNOTES
    • REFERENCES
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