The growth of private equity markets in the United States expands the options available to firms to raise funds, as well as the investment choices available to some investors. Why do you think private equity investing tends to be confined to institutional investors and high net worth individuals? Instructions: In order to receive full credit, you must make a selection for each option. For correct answer(s), click the option once to place a check mark. For incorrect answer(s), click the option twice to empty the box. The capital held by start-up firms today tends to be intangible, such as software and intellectual property. Institutional investors and high net worth individuals would have an easier time gathering information on the value of such firms. Private equity requires that firms remain independent, rather than merging with larger firms. Investors are now much less interested in investing in publicly traded companies than they were in the past. Private equity investing allows start-ups to keep their innovations secret until they can fully exploit them in product markets. Regulatory changes in the 2000s made using public markets to raise equity much more expensive