谁知道这句话什么意思“INSTITUTIONAL INVESTMENT IN LISTED PRIVATE EQUITY” 这是一篇论文的标题

谁知道这句话什么意思“INSTITUTIONAL INVESTMENT IN LISTED PRIVATE EQUITY” 这是一篇论文的标题
顺便能不能把摘要大意告诉我呀 小妹感激不尽 This paper examines institutional investors’ propensity to invest in a relatively unknown asset class of listed private equity.Based on data provided by LPEQ and Preqin covering 100 institutional investors in Europe in 2008,we find allocations are primarily a function of size,type,location,decisionmaking authority and liquidity preferences.Investment in listed private equity is more commonly made by institutions that are smaller,private (not public) pension institutions,institutions that have a preference for liquidity,and institutions that are based in the UK.As well,institutions are more likely to invest in listed private equity when investment decision-making is not empowered to a private equity team,an alternative asset class team,or a board / investment committee,but are more likely when decision-making is delegated to an equities team