For Q3 2024, based on preliminary analysis, NB Private Markets currently anticipates that buyout funds (including growth equity) will increase in value by an average of 3.0% in USD while venture capital funds will be flat with a slight increase of 0.1% in USD on average. For the last twelve months, preliminary reporting indicates that buyout funds increased in value by 8.8% in USD while venture capital funds decreased in value by 1.2% in USD.
As private equity funds begin to report their Q3 2024 valuations, NB Private Markets proactively monitors these releases and performs analysis to obtain a preliminary sense of valuation changes in the private markets. Our analysis is conducted off a broad sample of private equity funds and can be useful in formulating forward-looking expectations for valuation marks.