SOURCE: Cambridge Associates

Cambridge Associates

May 30, 2012 00:00 ET

Cambridge Associates to Develop Asian Private Equity and Venture Capital Performance Data in Collaboration With Hong Kong Venture Capital and Private Equity Association

SINGAPORE and HONG KONG--(Marketwire - May 30, 2012) - The Hong Kong Venture Capital and Private Equity Association (HKVCA) is partnering with Cambridge Associates to provide extensive, independent Asian private equity (PE) and venture capital (VC) performance data to industry participants.

As part of the strategic partnership, HKVCA will give its members access to aggregate Asian PE and VC benchmark data and statistics based on the performance of managers in Greater China. Cambridge Associates, a global provider of independent research and investment advice, derives PE and VC benchmarks from the financial information in its proprietary database of institutional-quality PE and VC funds, one of the largest such data repositories in the world. Cambridge currently provides U.S. PE and VC benchmarks; Global ex U.S. Developed Markets PE and VC benchmarks; Global Emerging Markets PE & VC benchmarks; Australian PE & VC benchmarks, and will soon be releasing African, Indian, and New Zealand PE & VC benchmarks.

"I am proud to announce our strategic partnership with Cambridge Associates for the creation of a private equity and venture capital performance benchmark focused on Hong Kong-based and Greater China managers. Industry participants and investors have been asking for greater performance transparency, and this benchmark will strive to provide that. We look forward to working with Cambridge Associates to provide robust and verified industry benchmarks," said David Pierce, CEO of Squadron Capital and current Chairman of The Hong Kong Venture Capital and Private Equity Association.

"Cambridge Associates continuously seeks to expand manager research coverage and create benchmarks that can serve as valuable tools to both investors and managers. We are delighted to be working closely with HKVCA, as we support its continuing efforts to advance the vibrant venture capital and private equity sectors in Asia," said Anouk van der Boor, Managing Director at Cambridge Associates.

Cambridge Associates and HKVCA plan to issue quarterly performance data, which will include Asian and Greater China PE and VC industry returns compared to other market indices. Returns data will be aggregated to protect the confidentiality of individual funds and their underlying portfolio investments.

Cambridge Associates will provide the data to HKVCA as a service to its members and the global PE and VC industry overall. Cambridge Associates has similar agreements with the Australian Private Equity & Venture Capital Association Limited (AVCAL), the African Venture Capital Association (AVCA), the Indian Private Equity and Venture Capital Association (IVCA), the New Zealand Private Equity & Venture Capital Association Inc., the National Venture Capital Association (NVCA) and the Emerging Markets Private Equity Association (EMPEA). These relationships are part of Cambridge's commitment to continually expand its coverage of the global PE and VC industries.

About The Hong Kong Venture Capital and Private Equity Association (HKVCA)
HKVCA's mission is to stimulate a vibrant venture capital and private equity industry in Asia while promoting the role of member firms in value creation, innovation and economic development. HKVCA provides a forum for networking and experience sharing for its members; promotes industry professional ethics, international best practices and standards; and represents the views of its members before governmental and other relevant bodies. For more information about the Hong Kong Venture Capital and Private Equity Association, please visit http://www.hkvca.com.hk.

About Cambridge Associates
Founded in 1973, Cambridge Associates is a provider of independent investment advice and research to institutional investors and private clients worldwide. Today the firm serves over 900 global investors and delivers a range of services, including investment consulting, outsourced portfolio solutions, research services and tools (Research Navigator(SM) and Benchmark Calculator), and performance monitoring, across all asset classes. The firm compiles the performance results for more than 4,500 private partnerships and their more than 62,000 portfolio company investments to publish its proprietary private investments benchmarks, which are considered to be among the standard benchmark statistics for these asset classes. Cambridge Associates has more than 1,000 employees serving its client base globally and maintains offices in Arlington, VA; Boston; Dallas; Menlo Park, CA; London; Singapore; Sydney; and Beijing. For more information about Cambridge Associates, please visit www.cambridgeassociates.com.

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