California dreaming: Venture Capital Performance reviewed

Dr Keith Arundale's new book Venture Capital Performance: a comparative study of investment practices in Europe and the USA has been reviewed in the ICAEW Corporate Financier magazine.

Find out more about the book

Keith Arundale

Dr Keith Arundale's new book Venture Capital Performance: a comparative study of investment practices in Europe and the USA has been reviewed in the ICAEW Corporate Financier magazine.

The book is based on PhD research by Dr Arundale and takes a qualitative
approach, which saw him interviewing members of 64 venture capital firms in the UK, continental Europe and the US, as well as LP investors, corporate venturers, entrepreneurs and advisers.

It looks at the success of the US, and argues that “there is a need for quite fundamental changes in both the practice of European investors and in the wider ecosystem”.

The book is published by Routledge.

Next Steps

Find out more about the book

Dr Keith Arundale

Senior Visiting Fellow

Dr Keith Arundale

Published	25 August 2020
Topics: Research news

You might also like

ICMA Centre Academics' research featured in CFA Digest

Dr Ioannis Oikonomou and Professor Chris Brooks’ work on the connection between corporate social performance and fixed income securities was recently recognised for its academic rigor and practical significance as its summary was included in the latest issue of CFA Digest, a periodical publication of the CFA Institute (available at this link http://www.cfapubs.org/doi/full/10.2469/dig.v44.n6.8).

ICMA Centre PhD student Zilu Shang receives Best Paper Award at the Global Business and Social Science Research Conference

Congratulations to ICMA Centre PhD student Zilu Shang on the receipt of a Best Paper Award at the 7th Global Business and Social Science Research Conference (BSSRC).

Learning from the Competition

19 November 2018

ICMA Centre Visiting Fellow Dr Keith Arundale was featured in the November 2018 issue of the ICAEW’s Corporate Financier magazine. The article “Learning from the Competition” was based on Keith’s PhD research into the difference in investment practices of European and US venture capital firms and in their structural characteristics and the wider environment in which the firms operate, including cultural differences and attitudes to risk. Keith’s thesis is that these differences contribute to the lower historic performance of European VC funds compared to US VC funds.