Private equity reached an all-time high on the stock market in 2019, with a 45% increase in the LPX Composite TR index, which tracks publicly listed private equity firms. Over the past 10 years, the index rose by 324%. Michel Degosciu, founder of LPX Group, expects this positive trend to continue in 2020. The success is attributed to numerous exits, including IPOs and sales, such as those of RHI Magnesita and Jack’s Family Restaurants. In 2020, Degosciu anticipates more successful sales and IPOs, driven by the low-interest-rate environment. However, he warns investors to focus on sectors with moderate valuations, as private equity management firms are becoming increasingly expensive.
Authors: Michel Degosciu
Publication date: 2 February 2020
Published in: HEDGEWORK
Volume/ Ausgabe:
Source download link: https://www.hedgework.de/archiv_beitrag/private-equity-erreicht-allzeithoch-an-der-boerse.html