UK - New grouping of private equity investment trusts launched

At a time of rising interest in the private equity sector, iPEIT, the Initiative for Private Equity Investment Trusts, has been formed to improve awareness and understanding among retail investors, smaller institutions and investment managers not already involved in private equity investment, about private equity in general and PEITs in particular. Even among large institutions which invest in private equity limited partnership funds, this complementary route to the sector is not always appreciated.