Why investment trusts are going big on private equity
Trusts give retail investors the opportunity to get a slice of highly sought-after private companies — but the trend poses difficult questions about valuation and performance
Trusts give retail investors the opportunity to get a slice of highly sought-after private companies — but the trend poses difficult questions about valuation and performance

Popularity of evergreen vehicles with wealthy individuals could ‘fundamentally alter the landscape of private equity’

Many investment trusts opt for less obvious routes into the boom

Fundraising by evergreen vehicles has slowed amid worries about exposure to software and AI

Investors question if some institutions rubber-stamp deals that could benefit other businesses

Influx of money from wealthy individuals has made private equity group less reliant on traditional backers

Larger funds’ global share of commitments slides as fundraising winter drags on