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A stake in private market investing as it takes off

Though private markets have done better than public over the longer term, it is not for everyone

Private equity refers to funds or investors who invest directly in companies. PHOTO: ISTOCKPHOTO

Who doesn't dream of having a stake in a unicorn - that is what the private equity crowd call a start-up worth US$1 billion (S$1.4 billion) or more.

Knowing of such companies is one thing. Getting your hands on some shares in the private market is a whole new challenge.

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