By ANNE ASHWORTH, Daily Mail, 11 May 2024:
De-equitisation is one of the top trends of 2024 and it is unlikely to prove a fad, with implications for our pensions and savings.
More companies are opting not to list their shares on a stock market, but to find ‘equity’ or finance from banks and other sources, like private equity funds.
As a result, ordinary investors are shut out from the chance to bet on the stars of tomorrow by buying their shares at an early stage.
But there is a way to secure a stake in the fortunes of future winners – by taking a bet on private equity investment trusts which back such businesses.
James Carthew of analytics group QuotedData says: ‘You get access to some good quality, high growth businesses.
And, as the shares of many of these trusts are trading at big discounts to their net asset value (NAV), investors can often bag a bargain too.’
Carthew cites such attractive offers as Oakley Capital Investments with its discount of 30 per cent and Patria Private Equity whose discount is 25 per cent. Here are four other trusts to consider.
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