Listed private equity

Investment focus Listed private equity (LPE) are listed vehicles that invest in private equity companies or vehicles. Such vehicles may take the form of corporations, unit trusts, publicly traded partnerships, or other structures, and may focus on mezzanine, buyout or venture capital investments. All listed vehicles whose returns are generated predominantly through investments with a private equity approach are listed below:

Public partnerships. Public partnerships are companies listed on a regulated market or investment vehicles which generate returns through direct investments in private companies.

Fund-of-funds. Funds-of-funds are listed on a regulated market and produce returns through investments in several private equity funds.

Business development companies. Business development companies are companies listed on a regulated US market and generate returns through direct investments in seed and early stage private companies.

Asset managers. Asset managers are companies listed on a regulated market which derive their income from managing private equity or private debt portfolios and from balance sheet investments in funds they manage.

Holding companies. Holding companies are companies listed on a regulated market which generate returns through investments in unlisted or listed firms with a private equity approach (significant participation, active involvement, focus on exits, maintaining board seats).

Markus Pimpl Investment Solutions Europe

Reto Munz Listed Strategies

Erik Kaas Co-Head Investment Solutions