JNL/Morningstar PitchBook Listed Private Equity Index Fund (I) (0P0001LCQD)

Overview

The fund is designed for investors seeking to capitalize on opportunities within the private equity sector, including venture capital, buyouts, growth, and mezzanine financing. It commits at least 80% of its assets towards companies classified in the private equity space by PitchBook Data, Inc. This includes entities involved directly in private equity ventures or those holding significant private equity investments. Emphasizing its focused strategy, the fund operates with a non-diversified status, channeling investments into a select group of companies that meet its stringent criteria.

Products and Services

• Venture Capital Investments

  Targeting early-stage companies with high growth potential, the fund invests in venture capital opportunities. These investments are aimed at innovative startups and young companies seeking capital to expand operations, enter new markets, or develop new products or services.

• Private Equity Buyouts

  Focused on acquiring controlling interests in more established companies, the fund participates in private equity buyouts. Through these investments, it aims to transform, restructure, or scale businesses to unlock value and achieve higher returns on investment.

• Growth and Mezzanine Financing

  This area of investment caters to companies at a somewhat later stage compared to venture capital targets. The fund provides growth or mezzanine capital to businesses looking for financing to grow without significantly diluting their equity. This includes subordinated debt or preferred equity, which is less risky than venture capital but offers potential for substantial returns.

• Substantial Private Equity Investments

  Investments are also made in companies holding substantial private equity investments themselves. This strategy enables the fund to diversify its investment approach by capitalizing on firms that have already allocated significant resources towards private equity, thereby tapping into a layered investment strategy.