3 ms·
Since people hate PE funds so much (after all, they are usually led by billionaires), why is there so much despair over one PE fund selling another PE fund a lu
by listenallyall 4y ago
Since people hate PE funds so much (after all, they are usually led by billionaires), why is there so much despair over one PE fund selling another PE fund a lump of garbage? I'd think many people would celebrate.
- youngtaff 4y agoBecause the PE partners get to take their profit from the first sale And whoever invested in the second fund, which for example may be your pension scheme, is left carrying the cost