Asset shifters: in an era of easy money and cheap financing, buyout groups increasingly pass deals around. Growing concerns that we’re in a bubble and heading for a crash. My analysis here: https://t.co/zS86LQFe6M follow me here: @JavierespFT
Two Biggest Pennsylvania Public Pension Funds Underreported $3.8 Billion in PE Fees, Oxford Professor Says https://t.co/1uXdcAwv62 @PEcloserlook @pelaidbare @MarketIntegrity @FAFNorwalk @GFOA @PensionDialog @fi360 @RetirementRsrch @GOVERNING @nasact @StateTreasurers
@PElaidbare absolutely love this article:
Those who rushed to save the system when they saw it imploding focus on tools to rescue when it happens again, pay lip service to prevention https://t.co/6Q9IrSGvGY , They benefit from the same system including the "shadow banking" they like to warn about. https://t.co/dIuQxx8cRg
A new threshold. Today the 2000th hard copy of this very self published book was sold. Thank you all.
Comprehensive coverage of a fascinating story which sounds awfully familiar https://t.co/7XeHMdR7Rz
Why are PE funds allowed to aggressively pitch this way?
"We have outperformed public markets by 8.7% on average per year since 1989"
40 pages later in extremely small print
"No investor.. invested.. in a manner to [receive] the returns"
@PELaidBare @verdadcap @Brad_Case