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STOXX Ltd., the leading European index provider, today launched the Dow Jones STOXX Private Equity 20 Index which tracks the performance of the 20 largest private equity companies in Europe. The index is designed to underlie investment products.
The Dow Jones STOXX Private Equity 20 Index comprises companies classified as specialty finance or equity investment instruments according to the Industry Classification Benchmark (ICB). These companies must have a free-float market capitalization of at least 75bn euros and their main involvement, i.e. a minimum of 40% of their investment portfolio, in private equity such as venture capital, mezzanine and buy-out. Furthermore, investments of components of the Dow Jones STOXX Private Equity 20 Index in companies which are included in the Dow Jones STOXX Global 1800 Index are restricted to 30%.
As of August 31, 2007, the Dow Jones STOXX Private Equity 20 Index had a 3-year annualized performance of 27.4%, whereas the Dow Jones STOXX 50 Index returned an annualized 12.7% in the same time period.
The Dow Jones STOXX Private Equity 20 Index is calculated both in euro and U.S. dollar and is reviewed quarterly in March, June, September and December. Daily historical index values of the Dow Jones STOXX Private Equity 20 Index are available back to December 31, 2003.
For further information on the Dow Jones STOXX Private Equity 20 Index please visit www.stoxx.com.
