Anterion advise emerging as well as established PE Funds. Contrary to exchange-listed companies, PE represents the vast majority of companies in Europe. The owners of these companies include families, foundations, various types of Fund Managers, Pension Funds and other types of investors.
Whereas most listed shares are traded on a daily basis, PE-owned companies are not. Hence, transactions are not on "Auctions" via an Exchange, but a transaction based on private negotiations between seller and buyer.
In order to access the market for Private Equity, professional investors can most often only invest via PE funds.