Private Equity Investor has invested in and maintains a broad portfolio of US-based venture capital and buyout funds (the “Funds”), managed by a number of different management groups, and focused on various stages of growth so as to obtain exposure to a diversified underlying portfolio of investments primarily in private companies in the technology sector. Through the Funds, the Company has exposure to a diverse portfolio of underlying companies.
The objective of Private Equity Investor has been to provide shareholders with long-term capital growth. The Company is not making investments in new private equity funds but is managing its existing investments with a view to making periodic returns of capital to shareholders