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I'd say no. Private equity is highly volatile and, to some degree, open to outlying risks (sentiment about the industry, political, etc) and I question how shareholder-friendly companies like Blackstone (BX) are. Beyond that, on an ETF level, I can see this being another ETF that won't see enough interest (see almost entire line-up of Advisorshares ETFs, a number of which are barely traded.)
I'll edit this to add: I do think that a fund that can take advantage of SOME specific private equity deals is not a bad thing, but I don't like private equity stocks. An example of this are the H & Q Heathcare funds, which are not pure private equity funds, but can devote a portion of their portfolio to private equity healthcare.
Comments
I'll edit this to add: I do think that a fund that can take advantage of SOME specific private equity deals is not a bad thing, but I don't like private equity stocks. An example of this are the H & Q Heathcare funds, which are not pure private equity funds, but can devote a portion of their portfolio to private equity healthcare.
Regards,
Ted