Former Assistant Treasury Secretary Talks About Private Equity

This week, Yahoo! Breakout spoke with Emil Henry, former Assistant Treasury Secretary of Financial Institutions and founder of the private equity firm Tiger Infrastructure. Henry explained to host Jeff Macke that private equity investors, largely public pension funds, corporate pension funds, and university endowments, reap significant benefits from private equity investment. Henry also defended the industry, stating that the public should “not vilify something that is classically American, which is improving companies, creating profits…creates jobs, provide[s] the savings of public pensioners, [and] [eliminates] poor performing CEOs.”