Interest rises in the private equity market

Private equity has for many years been used by US investors, particularly pension and endowment funds, as an asset class offering significant diversification benefits from the public markets in addition to the potential for enhanced investment returns. In contrast, the European private equity market has been slow to develop until relatively recently. As an indication of this, a Goldman Sachs and Frank Russell report on Alternative Investments in 2001 found that those US institutions with private equity investments have approximately 7.5% of total assets allocated to private equity while i...