Equity market round up: A private equity index
Capitalizing on the surge of private equity funds to list on stock markets, in March Standard & Poor’s launched its S&P Listed Private Equity Index.
This investable index is the first to provide tradeable exposure to a selection of the world’s largest and most liquid publicly listed companies that invest or operate in the private equity arena. It will help asset managers benchmark performance in the sector and create index-linked investment products.
The index comprises 25 leading private equity companies listed on exchanges across North America, Europe and the Asia-Pacific region.