Interesting way to present information. Very poor framing and discussion of the issue that lacks data or statistics of any sort, even top-line numbers to provid

Interesting way to present information. Very poor framing and discussion of the issue that lacks data or statistics of any sort, even top-line numbers to provide any context for how large the PE industry really is. Utmost importance even for a casual reader to get a sense of the relative size of the industry under discussion and how well PE-managed firms perform on average, not just a few cherry-picked examples that cast the PE industry in a slightly negative light, kind of dancing around the issue without making any argument head on. 50 largest PE firms manage $1.5t in assets. Total global equity market is $48.6t (from Dimensional's 2015 Matrix Book). Total market value of world's financial assets is probably >$200t (including land, commodities, currency, etc.). Here is some data for those who are interested: http://www.pionline.com/article/20150406/PRINT/304069998/big-private-equity-managers-ruling-the-roost http://www.pionline.com/article/20150406/PRINT/304069998/big...