Capital raising by venture capital (VC) funds in Q2 fell just 9% compared to Q2 2021, to $53.5bn, but lower distributions and longer hold periods could hit in H2, said a study.

According to Q2 2022 Venture Capital Report by Preqin, the number of funds closed was down by 56.4% in Q2 2022 compared with the same period last year.

Meanwhile, aggregate capital rais