Trends in venture capital fund terms report
Langham Hall is delighted to present a research report on venture capital (‘VC’) fund terms, including trends in both management fees and carried interest. The report has been produced in conjunction with leading VC law firm Osborne Clarke, and contains data from over 60 European VC funds.
Contributors
Key trends in venture capital fund terms
As one of the only independent providers of fund administration and AIFMD services across three continents, our experience with venture capital clients makes us a valuable partner at set up stage and beyond. More recently, our use of Wolfram’s computable data technology has allowed us to give these GPs innovative management analytics alongside their regular reporting, including LP-by-LP performance data, as well as fund and asset level IRRs, all from one hierarchically stored central data source.
The report looks at:
- Management fees: including both during and after the investment period
- Carried interest: typical hurdle rates, as well as multiple vs IRR based calculations
- Super carry: how much and at what multiple this is payable
These findings were presented during a private dinner with Osborne Clarke’s Partner Helen Parsonage and Langham Hall’s Head of Commercial – Europe Tom Pinnell.
Trends in venture capital fund terms
We hope you enjoy reading the report, and we welcome any questions you may have.
