Growth equity, a somewhat murky investment category residing between venture capital and buyouts, has matured to the point where it deserves to be considered an asset class, says investment adviser Cambridge Associates.
The firm said Wednesday that it will start issuing quarterly benchmark returns for the new class along with those for U.S. venture capital and private equity.
To read the original article: With Growth Equity Outperforming Venture Capital, Cambridge Associates Anoints It an Asset Class - Venture Capital Dispatch - WSJ
