Does the venture capital industry need to develop a new private equity model if it is to continue to attract investor funds in the future? It is a question that must be occurring to more and more venture capitalists these days because it is certainly a hot topic amongst institutional investors increasingly disappointed at the returns they have seen from private equity. But if venture capital is currently struggling to legitimize itself as an asset class, what if anything, can be done about it?

New Directions in European Private Equity