UK venture capital firms get similar returns to US counterparts
Long thought to lag behind their US peers, venture capital firms in the UK actually produce comparable returns, according to new research from the British Business Bank. UK venture capital firms get similar returns to US counterparts.
According to the bank’s analysis, UK-based venture capital firms actually outperformed their US counterparts between 2002 and 2006 — and have had only slightly lower returns since 2007.
Previous research has often suggested that the gap between venture capital firms in the US and UK was large, and growing.