How does private equity work in a public mutual fund?
How does private equity work in a public mutual fund?
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bitmaker · External communityPost link
External question — Personal Finance Stack Exchange
Author: bitmaker
Original post: https://money.stackexchange.com/questions/126627
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
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For example, I'm invested in FGCKX, which contains SpaceX, Reddit, and Juul equity, and some other companies not publically-traded. How is the day-to-day price determined for these?
For a follow-up question, how did these stocks get into the mutual fund? I can understand that the fund manager might think they're good investments, but how were they able to be purchased?
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Quoted from Forex.com.bd-Editorial External question — Personal Finance Stack Exchange Author: bitmaker Source score (net votes, not local likes): 2 Original post: https://money.stackexchange.com/questions/126627 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. For example, I'm invested in FGCKX, which contains SpaceX, Reddit, and Juul equity, and some other companies not publically-traded. How is the day-to-day price determined for these? For a follow-up question, how did these stocks get into the mutual fund? I can understand that the fund manager might think they're good investments, but how were they able to be purchased?
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