Exceptional year for the Private Equity markets with a total return of 45% in 2019

LPX Composite TR (in EUR)

After a negative return of -10% in 2018, the Private Equity Index rocketed in 2019 by jumping 45% marking an all-time high before Christmas at EUR 306.89 points. Over the past 10 years the Index showed a total return of 324%. The underlying fundamental performance as measured by the LPX Composite NAV Index showed a positive performance of more than 10% in 2019. This led to a closing of the discount of -7.50% as of 31 December 2019 (compared to -21.31% as of 31 December 2018).

More information can be found here: LPX Indices 2019 E

Listed Private Equity firms are trading at significant discounts

Listed Private Equity Firms Record Considerable Discounts

Many listed investment companies are currently trading at valuations below the value of their holdings. The average discount on the net asset value at the end of September is around seven percent. For comparison: Before the financial crisis, the investment companies traded for years at premiums on the book value of more than 20 percent. This is the result of a study by LPX AG, a provider of indices and research for listed alternative investments.

Official Press Release

 

Successful IPO of Private Equity Fund Manager EQT

EQT AB, the largest buyout firm in the Nordic region classified as a private equity fund manager has had a successful IPO as of September 24, 2019 with +34% first trading day.
With a market cap of approx. EUR 10bn the instrument is eligible for inclusion in most of the LPX indices after a minimum 1 year trading period according to the LPX Guide to the Equity Index Series.

NYSE Closing Price Issue RESOLVED

All LPX and NMX indices have been recalculated and disseminated to client accounts. All third party vendors have been informed accordingly.

Wirtschaftswoche vom 2. August 2019

Die Wirtschaftswoche berichtet über die Anlagestrategien von Vermögenden und ihren FamilyOffices. Für sie und andere professionelle Investoren ist PrivateEquity inzwischen ein essenzieller Bestandteil des Portfolios. Listed Private Equity bietet einfachen Zugang dieser Anlageklasse, ist täglich handelbar – und erfreut sich deswegen wachsender Beliebtheit.

Der Beitrag findet sich hier: Die Hilfreichen_Titelstory_WiWo_02.08.2019

LPX AG recognized as benchmark administrator

Zurich, April 3, 2019 – LPX AG, a leading provider of stock indices for alternative asset classes, has been recognized as the world’s first third country administrator of benchmarks and has been listed in the ESMA Register under Article 32 of the EU Benchmark Regulation. The benchmark regulation came into force on June 30, 2016 and has become effective as of January 1, 2018. For all benchmark providers, there is currently a transitional period for the acquisition of recognition by the European Securities and Markets Authority ESMA.

Official Press Release