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"Hedge funds and private equity are an increasingly important asset class that pension funds and other institutional investors want access to"
Martin Graham, London Stock Exchange |
The London Stock Exchange has announced the launch of a dedicated market for issuers of specialist funds in an attempt to attract hedge fund and private equity vehicles, a source of listings that London has been losing out on to Euronext.
Although the London Stock Exchange has been by far the favoured destination for foreign, secondary, and growth company listings in Europe, Euronext’s Amsterdam market has been conspicuously successful in attracting private equity and hedge fund listings. Lehman Brothers Private Equity Partners Limited, a private equity fund, which listed on the Amsterdam market this July, raising €500 million, is the latest in a...
