Listed private equity funds of funds have used large net cash inflows and bars on further investments to strengthen their balance sheets over the last 18 months, according to research published this week by Deloitte and LPEQ, the listed PE sector’s trade body. In so doing, they have addressed some of the concerns expressed by a number of activist investors angry at shares priced at a significant discount to net asset value.
Listed funds rebound, ready for deals
Listed vehicles have been successful in strengthening their balance sheets during the financial crisis and are ready to deploy capital once markets settle, according to research from Deloitte.
