Hedge funds list well, not so much private equity

On the surface anyway, private equity funds seem to be faring a bit better than hedge funds when it comes to returns. So it is somewhat surprising that hedge funds seem to be doing better when it comes to public offerings. A number of PE firms have scaled back plans. Hedge fund Boussard & Gavuadan, started by Goldman Sachs employees, tapped the IPO market for more than half a billion dollars on Euronext. That was much more than its original target. It may be that a hedge fund's investment cycle is a bit more favorable to public listings; the long cycles of the average PE funds may be something to avoid. We'll see if more hedge funds take the plunge.

For more on this:
- Here's an article on the Institutional Investor website