A blog by a Boston College professor with posts about some favorite topics including:
1. Boston College Athletics
Friday, January 13, 2012
Private Equity - Thanks to Pete DiCarlo For This!
For those enjoying the anti-private equity rhetoric. Here are some facts:
1-Private Equity on average has earned 30.6% annually since 1973 (an important date because that is when ERISA laws freed up pension investment).
2- A large percent of the clients of private equity firms (those who benefited from the 30.6%) are private and public pension plans (such as CALPERS or NYSCRF), university endowments, and oh yes unions! I love irony!