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AAP
AAP
Derek Rose

Huge growth of private capital catches regulator's eye

There are fewer new listings on the ASX and more companies being bought out by private equity. (Dan Himbrechts/AAP PHOTOS)

The number of companies listed on the Australian stock market is shrinking, swallowed up by less transparent private equity, and regulators are asking themselves what to do about it.

In two years, InvoCare funerals, aged care operator Estia Health, Sydney Airport, realtor McGrath, drilling company Boart Longyear, coms platform Whispir, horticultural outfit Costa, dental group Pacific Smiles and health provider Healthia have all been delisted.

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