Venture capital and later stage private equity (VC&LSPE) is high risk capital directed towards businesses with prospects of rapid growth and/or high rates of returns. It is an investment not only of money, but also of skills and time. This publication presents information on financial contributions to venture capital and later stage private equity investments.
The Australian Bureau of Statistics (ABS) undertook the first survey of venture capital for the period 1999-2000 and has since undertaken this survey annually with the financial support of the Department of Industry.
The ABS has conducted all surveys with the advice and assistance of users of these statistics, industry bodies and data providers.
There have been revisions to the 2010-11 and 2011-12 series to include the latest available survey data.
CHANGES IN THIS ISSUE
As a result of consultation with users, a number of changes have been made to tables to meet evolving requirements. These include:
- splitting VC&LSPE into their components, where appropriate;
- changes to asset ranges; and
- an additional table for Source of Funds of Investment Vehicles (Table 5).
Due to the above changes, care should be taken when comparing against previous issues.
For the first time industry estimates have been compiled using the 2006 edition of the Australian and New Zealand Standard Industrial Classification (ANZSIC06). In addition the industry groupings were reviewed to maximise the amount of data able to be released. This affects Summary of Investee Companies (Table 9). A break in series has been applied.
Additional data are available on the ABS website including longer time series for all publication tables (except Table 4). For details of the additional data please refer to paragraph 27 of the Explanatory Notes
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Robert Nocciolino on Perth (08) 9360 5129.