Source of capital for VC funds in 2009

One of venture capital’s oldest and most reliable partners was hard to find in 2009, according to an annual survey that examines where the private equity asset class receives its capital.

Endowments and foundations saw their share of the overall venture capital pool fall to 3.2% in 2009 from 13.1% in 2008

The cutback partly contributed to the venture capital industry’s fund-raising slump last year. Venture firms raised $13 billion in 2009, down 54.6% from the $28.7 billion raised in 2008.

Where Venture Capital’s Money Came From In 2009 – Venture Capital Dispatch – WSJ.

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