This trust offers high conviction and diversification
- Private equity is a rewarding asset class and has prospered in the past year
- ICG Enterprise Trust mitigates its risk via diversification
Loudly as they might protest, private equity investors have struggled to shake off a reputation as the face of predatory capitalism. This has become clear in the case of WM Morrison (MRW), whose major shareholders recently warned that any takeover must not allow private entities simply to load the supermarket chain with debt or sell off its property portfolio. Elsewhere, angst continues to build about the consequences of a private equity 'feeding frenzy' in the UK.