Private equity means investing in companies that aren't quoted on stock markets. That definition only gets us so far, though. What do private equity investment managers really do? And what's the advantage of investing? Watch our video for an introduction to the sector.
With their closed-ended structure, investment companies are particularly suitable for investing in illiquid assets, such as private equity. There are very few opportunities for individual investors to gain access to private equity but investment companies are one of them, offering diversified private equity exposure within a listed vehicle.