From PitchBook, February 26:
North America’s one-year rolling IRR surges ahead of Europe’s.
The gap between European and North American VC returns is widening as slower dealmaking and exits drag Europe further behind.
When the period of low interest rates ended and inflation rose, European VC proved more resilient, delivering better returns as North America’s fell sharply. However, a quicker recovery from the VC downturn has caused the pendulum to swing in the opposite direction....
....MUCH MORE
