Fund of Funds (hereinafter referred to as FOF) invests in other funds. In other words, its investment targets are other funds. As a significant capital source of funds, FOF has formed a considerable investment scale and a relatively mature investment norm.
In the field of equity investment, FOF is also an important capital source of VC/PE funds. FOFs contributed 18.2% of the total capital to PE funds in Europe in 2006, becoming the second-largest capital source. ...[detail] |
