Index provider Standard & Poor’s has launched a global benchmark to track the performance and growing significance of listed private equity managers. The new investable index is the first to provide tradeable exposure to a selection of the world’s largest and most liquid publicly listed companies that invest or operate in the private equity arena. The S&P Listed Private Equity Index is comprised of 25 leading private equity companies listed on exchanges across North America, Europe and the Asia-Pacific region that meet specific size, liquidity, and private equity-related criteria. Structures eligible for the index may take the form of publicly listed investment companies, business development companies, investment trusts, special purpose acquisition vehicles, buyout funds as well as private equity fund-of-funds. Approximately 70 per cent of the index is comprised of buyout firms, with the remaining represented by venture capital firms.