- CFA Exams
- CFA Exam: Level II 2021
- Study Session 15. Alternative Investments
- Reading 41. Private Equity Valuation
- Subject 2. Valuation characteristics and issues in venture capital vs. buyout
CFA Practice Question
Private equity funds are considered to be ______ investors.
B. Buy-to-sell.
C. Frequent-trading.
A. Buy-and-hold.
B. Buy-to-sell.
C. Frequent-trading.
Correct Answer: B
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