you are currently viewing::Langham Hall -Trends in venture capital fund terms reportApril 22, 2025—Langham Hall is delighted to present a research report on venture capital (‘VC') fund terms, including trends in both management fees and carried interest. The report has been produced in conjunction with leading VC law firm Osborne Clarke, and contains data from over 60 European VC funds. Key trends in venture capital fund terms As one of the only independent providers of fund administration and AIFMD services across three continents, our experience with venture capital clients makes us a valuable partner at set up stage and beyond. More recently, our use of Wolfram’s computable data technology has allowed us to give these GPs innovative management analytics alongside their regular reporting, including LP-by-LP performance data, as well as fund and asset level IRRs, all from one hierarchically stored central data source. The report looks at: Management fees: including both during and after the investment period Carried interest: typical hurdle rates, as well as multiple vs IRR based calculations Super carry: how much and at what multiple this is payable Source: Langham Hall |
March 3, 2025—On 2 April 2025 - his self-proclaimed 'Liberation Day' - President Donald Trump once again announced new tariffs. This time, all US trade partners will face a minimum 'discounted reciprocal tariff' of 10%. For countries with trade surpluses deemed guilty of 'currency manipulation and trade barriers', tariffs could rise to nearly 50%. Southeast Asian export-driven economies will particularly be affected. Major trading partners-such as China (34%), the EU (20%) and Japan (24%)-will face intermediate rates, although they are extremely high by historical standards.
February 17, 2025-New data on bilateral trade in services covering over 200 economies from 2005 to 2023 was released by the WTO and the Organisation for Economic Co-operation and Development (OECD) on 17 February.
February 12, 2025- Abstract
The OECD Services Trade Restrictiveness Index (STRI) provides annually updated, comparable information on regulations affecting trade in services across 51 countries and 22 sectors from 2014 to 2024.
January 24, 2025--Summary
Beyond its environmental damage, climate change is predicted to produce significant economic costs. Combining novel high-frequency geospatial temperature data from satellites with measures of economic activity for the universe of US listed firms, this article examines a potentially important channel through which global warming can lead to economic costs: temperature uncertainty.