Survey: Venture capitalists shift strategy, go global - St. Louis Business Journal:

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More than half of the venture capitalists surveyer in the 2009 Global Venture Capital Survey conducted by and the said they woulxd invest in fewer companies in the near while 13 percent of the more than 700 worldwidd respondents said they would increasw the number of companies in which they planto invest. Despitre sluggish investment, the annual survey captured substantial optimism among theinherently risk-taking investors. “Whilse the recession has slowedr the pace of venture investing in theshort term, it may very well have expedites the global evolution of the industry in the long said Mark Jensen, Deloitte LLP’w national managing partner of venture capital services.
“I n recent years, many entrepreneurs who have been educateds in the United States have returned home to starft companies in theirhome countries. The playint field continues to level out in term s of new innovationhot spots, broader accesds to capital and growing regional ecosystems that fostef risk taking and capital And venture capitalists agree that investments are more likely to increase in countries outsidw of the U.S. than domestically in the next threew years.
Half of the venture capitalists surveyed said investment will increased inAsia (excluding India); 43 percent named India; 36 percenf selected South America; 25 percent said Europe and the United Kingdom; and just 17 percent said investment would increasd in North America. Fifty-two percent of all venture capitalistx surveyed said they already invest outsidde theirhome countries. “As the surveyg results suggest, we will see more globalization in the next not only in terms of investments but also in fundraisinvg and exitsas well,” said Mark president of the NVCA.
“Those countries that can nurturee entrepreneurs and investors as well as offer attractived exit opportunities have the most to gain economically in the next he added. Survey respondentxs said China stood to benefit most from shiftd in investment caused by the economic When it comes to the majority of VCs predicted that more of thei r limited partners would come from outside their home and 38 percent said they expected the numbere of foreign limited partners to remain Amonglimited partners, venture capitalists if any are likelg to reduce their investmentsw in venture capital funds, those limited partners woul come from the financial especially from commercial banks.
Other findings from the survet included another vote of confidencre for investment in the cleantech sector. The surveh suggests most venturecapitalists aren’t adjusting theit strategies when it comes to which industry they are funding, and clean tech is one of those industriexs that’s been getting a lot of More than 60 percent of the venture capitalists surveyed said they expect to increase their investments in clean tech in the next threw years. Other industry sectors that investors expecyt to give increase investment to include the medical devicew and equipment industry and new media and social networking.