I have recently come across a term called "Listed Private Equity Fund"
I got confused as if its equity shares of a pvt co. then how could it be listed. Let me know whether my interpretation is right. Please explain in detail....
CA Mani
(Credit Analyst)
(2814 Points)
Replied 05 November 2009
I know about private equity fund
A private equity fund is raised and managed by investment professionals of a specific private equity firm (the general partner and investment advisor). Typically, a single private equity firm will manage a series of distinct private equity funds and will attempt to raise a new fund every 3 to 5 years as the previous fund is fully invested.
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 05 November 2009
POONAM... the term is completely new for me.., and may be for many of the members... So, let thme find the meaning, and answer to ur Question....
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 05 November 2009
Ley...
Maninder got the details...
But, still, how is it listed??
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 05 November 2009
What?? bhai, from wher u got above infromation.., can't u get the same from there only>????
CA Mani
(Credit Analyst)
(2814 Points)
Replied 05 November 2009
One of my senior knows this but he is in meeting as per my call so i will tell after sometime
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 05 November 2009
ok maninder, will wait....
thnx for the info. u gave..
CA Mani
(Credit Analyst)
(2814 Points)
Replied 05 November 2009
hey this term i am sure not any legal recognition in india thats y we dont know this but its recognition in US anyway i am trying and it is related to some Mutual Fund also
CA Dhiraj Ramchandani
(CA, M. com)
(10823 Points)
Replied 05 November 2009
and yes POONAM, i searched it too,, on google, yahoo, etc.., but therz no sign of such thing...