Private Equity in Public Markets with Brian Chingono There are many misconceptions about private equity investing. Many investors view it as a domain where the rich and institutions earn outsized returns that are not available to the average person. It is viewed as an exclusive club with huge benefits that only the elite can be part of. But at its core, private equity is just investing in companies much like public investing is. It is a bet on the discounted value of the future cash flows of a business. So it turns out that it isn’t as magic as many people think and things like how much you pay for a company relative to its earnings and cash flow matter just as much in the private equity world as they do in the public one http://blog.validea.com/five-questions-private-equity-in-public-markets-with-brian-chingono/
You can also substitute Microcap with PE. https://www.osam.com/pdfs/whitepapers/_6_Commentary_MicrocapAlternative2PrivateEquity_Nov-2015.pdf