On the surface, private equity and hedge fund structures have little in common. Private equity funds are generally close-ended with a typical life time of around seven years, during which the goal is to acquire a private company, improve value and operational efficiencies by restructuring and/or refinancing and exit through a private sale or initial public offering. Hedge funds are open-ended with investors having the option to enter and exit at predetermined intervals.
The two distinct business
The week on Risk.net, July 14–20, 2017Receive this by email