Private capital has always been a critical source of investment for American businesses, both large and small. But private equity can often be the only source of support for businesses struggling during a recession or economic crisis. Public investments often dry up in a bear market, […]

Yesterday, the Wall Street Journal published the following op-ed from California Public Employees’ Retirement System (Calpers) Chief Investment Officer Ben Meng discussing how the largest public pension fund in the country is planning to invest more in private equity to achieve higher returns and lower expected volatility. Read the full op-ed here.   Calpers Prepares for the […]

Recently, the Department of Labor issued guidance allowing private equity investments to be offered to employer-sponsored retirement plans that invest in multiple asset classes. Government officials, academic experts, and economists praised the decision because it will give more hardworking Americans expanded access to private markets, allowing them to diversify their portfolios and benefit from private-equity’s […]