Sherman McCoy, the lead character in the 1987 book The Bonfire of the Vanities by Tom Wolfe, was described as a “master of the universe” due to his role as the highest-earning bond trader at his ...
In the past, the private equity world has been largely populated by ultra-rich investors, endowments and pension funds. That is about to change. Retirement savers with 401(k) accounts are gaining ...
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Why private equity needs you more than you need them
On Aug. 7, President Donald Trump issued a directive that is supposed to make us all richer. The goal is to make it easier for “alternative assets” like private equity to be included in 401(k) and ...
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