Investment Universe

Currently there are over 300 Listed Private Equity entities and over 500 PE-backed listed companies. The combined market capitalisation of the Listed Private Equity entities is approximately US$250 billion. Almost a third of these companies are domiciled in the UK, while Europe and the US account for the most of the remainder. The sector includes listed entities that specialise in some, or all, stages of private equity investing, including:

  • Buyouts, including leveraged and management buyouts
  • Expansion or growth capital
  • Venture capital
  • Distressed or special situations
  • Mezzanine capital
  • Secondary investments, and
  • Fund of funds

Typically a company will specialize in one of the above investment strategies, and will often limit their focus to certain geographic regions. Listed Private Equity vehicles may take the form of corporations, unit trusts, publically-traded partnerships, or other types of structures. Many long-established and leading private equity managers are or have listed entities, such as HG Capital, Apax, KKR and Blackstone.

HG Capital