Practical Use of Alternative Fixed Income and Equity Part 2 – Private Equity

Overview

The final report covers the practical use of alternative fixed income and equity and applies to actuaries in investment management, risk management, or actuarial functions.

The second part, using private equity as an example, examines the possible applications in insurance companies' investments, the investment forms common in the capital market, the return and risk profiles, as well as investment, risk management, and monitoring processes.

This final report is intended for the members and committees of the German Association of Insurance Practitioners (DAV) to inform them about the status of the discussion and the findings achieved and does not represent a professionally legitimate position of the DAV.[1]

For an explanation of the terms used in the areas of 'Private Markets' and 'Alternative Investments,' we refer to the third part of the final report on the practical use of alternative fixed income and equity, which serves as a glossary.

[1] The proper application of this final report requires actuarial expertise. This report therefore does not constitute a substitute for appropriate professional actuarial services. Actuarial decisions affecting personal pensions and insurance, investments, or business activities should be made exclusively on the basis of the assessment of a qualified DAV actuary.