Nordic Venture Performance Index Shows Results
Nordic venture capital has created superior returns since 2000 according to the Nordic Venture Performance Index (NVPI) 2019.
The index shows that net returns for the venture index are higher than for the public market equivalents 2000-2019. The estimated net IRR for the entire period is 15.9%, which compares to a net IRR of 13.1% for the Nordic Small Cap Index and 12.8% for the Nasdaq 100 in the same period.
Taking into consideration the fee structure, with higher fees in the first years of venture funds compared to the fees in later years of the funds’ lifetime, the estimated net IRR is even higher with 23% for the entire period.
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