Euronext launches new index
January 01, 2008
Jan 02, 2008 -- /prbuzz/ --A new index is being launched with the aim of increasing the exposure of NYSE Euronext.

The index will track a selection of listed private equity vehicles and will initially include 14 private equity funds listed on the Amsterdam, Paris and Brussels exchanges, reports Dowjones.

"At this stage the index is constructed as a benchmark for private equity firms listed on Euronext boards and it will not be a competitor to other indexes from Standard & Poor’s or LPX, the Swiss private equity research firm," said A Euronext spokesperson in Amsterdam.

The minimum requirement for any fund included on the index will be to maintain a market capitalization of €300 million, while it will also need to invest in non-listed companies or those tipped to be going private.

Commenting on the new index, Penny Dekker, head of issuer relations at Eurnoext in Amsterdam, said: "Later on, the index may become tradable, but for the moment it is designed to increase the visibility of private equity."

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About the Press Release
London, Friday, December 28, 2007 -- ARANCA NEWSTRACK – (aranca)


 
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