Blog

20th April 2022

Listed PE trusts: If you’re focused on the discount, you’ll miss the story

Whenever I speak to investors and advisers, it is only a matter of time before I am asked about the share price discounts to NAV that listed private equity companies trade at. “What are the causes of the stubbornly persistent discounts for many listed PE trusts?” “Will those discounts ever close?” and so on.