The fields of venture capital and private equity are rooted in financing research on capital budgeting and initial public offering (IPO). Both fields have grown considerably in recent times with a heterogenous set of themes being explored. This review presents an analysis of research in both fields. Using a large corpus from the Web of Science, this study used bibliometric analysis to present a comprehensive encapsulation of the fields’ geographical focus, methodological choices, prominent themes, and future research directions. Noteworthily, the foundational themes in venture capital research are venture capital adoption and financing processes, venture capital roles in business, venture capital governance, venture capital syndication, and venture capital and creation of public organizations. In private equity research, style drift into venture capital emerges as a key theme alongside buyouts and privatization, and valuation and performance of private equity investment.

风险投资和私募股权领域植根于资本预算和首次公开募股（IPO）的融资研究。近年来，这两个领域都取得了长足的发展，并探索了一系列不同的主题。本综述对这两个领域的研究进行了分析。本研究利用科学网的大型语料库，通过文献计量分析来全面概括各领域的地理重点、方法选择、突出主题和未来研究方向。值得注意的是，风险投资研究的基本主题是风险投资采用和融资流程、风险投资在商业中的作用、风险投资治理、风险投资银团以及风险投资和公共组织的创建。在私募股权研究中，风险投资的风格漂移与收购和私有化以及私募股权投资的估值和绩效一起成为一个关键主题。