A new, unconventional mutual fund debuted last week that will invest in the scorching-hot private equity market.

The Listed Private Equity Plus Fund launched after a four-week initial subscription period. The new niche mutual fund will invest in the global private equity sector by investing up to 80% of assets in publicly traded private equity, venture capital, and business development firms, as well as investment banks from across the world, with a much smaller percentage in the private equity funds themselves that these firms manage.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.