Private equity is often viewed as an investment reserved for the ultra-rich but, thanks to the ETF issuers like PowerShares, investment in small privately held companies is increasingly available to the smaller investor too.
The PowerShares Listed Private Equity Portfolio ETF (NYSEARCA:PSP) doesn't invest directly in privately held companies but does invest in business development and venture capital firms that often invest in and attempt to bring these companies public. This ETF and the ProShares Global Listed Private Equity ETF (BATS:PEX) are the only ones listed by the ETF Database that target private equity as an investment objective. The ProShares ETF currently has roughly $436 million in assets under management.
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