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Index for Venture Capital
The authors build an index of value for venture capital that measures the return and risk for venture capital. According to the authors, its covariance with other asset classes from 1987-1999 enables them to explore the role of venture capital in diversified portfolios during a period of increased importance of venture capital in the economy.
Link
http://repositories.cdlib.org/cgi/viewcontent.cgi?article=1059&context=iber/econ