SIE practice questioneasyPrivate Equity
Private equity funds generally:
- AOffer daily liquidity
- BTrade on national securities exchanges
- CAre open to all investors
- DInvest in non-public companies✓ Correct answer
Explanation
Why D — Invest in non-public companies
Private equity funds invest in privately held companies, not exchange-traded or highly liquid investments. They are not open to all investors and typically have long lock-up periods.
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