North American VC assets under management are set to grow 38% in five years-slower than the previous five
Briefly

The venture capital landscape is evolving with increasing size and number of firms. From 1,900 firms in 2019, the total reached 3,417 by early 2024. According to PitchBook, venture capital assets under management (AUM) in North America doubled from 2019 to 2024 and is expected to grow 38% over the next five years. However, AUM is flat compared to 2021 due to market reset. This stabilization phase is tied to companies needing to realize their market value, enhancing liquidity and returning investors’ interest.
VCs are raising more capital and the number of venture capital firms has increased from about 1,900 in 2019 to 3,417 by early 2024.
According to PitchBook, North American VC AUM doubled from 2019 to 2024 and is projected to grow about 38% over the next five years.
Kyle Stanford from PitchBook notes that current VC AUM is flat compared to 2021 and that the market is resetting after high valuations.
The ability to realize value in startups will drive AUM growth, as liquidity and returns will increase the interest of LPs.
Read at Fortune
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