SVCA ties up with Cambridge Associates to create VC and PE benchmarks
The SEA-focused benchmarks will include industry returns placed against other market statistics.
The Singapore Venture Capital & Private Equity Association (SVCA) has partnered with global investment firm Cambridge Associates to provide representative, independent Southeast Asian venture capital (VC) and private equity (PE) data to industry participants and SVCA’s members, an announcement revealed.
Under the signed memorandum of understanding (MOU) agreement, SVCA will work closely with Cambridge Associates to develop the new benchmark and expand the firm’s database of Southeast Asian PE and VC performance.
Once developed, Cambridge Associates and SVCA will issue a quarterly report which will include PE and VC industry returns compared to other market statistics. Returns data will be disguised and aggregated to protect the confidentiality of individual funds and their underlying portfolio investments. Vintage year returns and aggregate portfolio returns by industry will be reported where sample size is sufficiently robust to allow statistical rigor and ensure participant confidentiality.
“Southeast Asia lacks reliable benchmarking data for the PE and VC industry. Hence, this initiative is long overdue and truly welcomed,” said Thomas Lanyi, chairman of the SVCA.
SVCA will collaborate with Cambridge Associates to give its members access to aggregate Southeast Asian PE and VC benchmark data and statistics in a premium, members-only report. SVCA will also host a public version of the report, aimed at PE and VC practitioners in the region.
Cambridge Associates derives its various PE and VC benchmarks from the financial information in its proprietary database of institutional quality PE and VC funds, which is said to be one of the largest such data repositories in the world.