Lifting the Curtain on Private Equity
A Guide for Institutional Investors and Policymakers
“Lifting the Curtain on Private Equity: A Guide For Institutional Investors and Policymakers,” co-published with the Americans for Financial Reform Education Fund, shines a light on opaque fees, dubious business practices, and the farcical situation in which public pensions are invested in private equity funds that profit through the privatization of the public services those employees work for.
As pension funds and institutional investors have increased investments in private equity, the latest report of the AFT and AFR evaluates the returns from these investments and examines the risks associated with private equity. Our report offers fiduciaries and policymakers a road map to increase the transparency of private equity practices and performance and mitigate the risks of these investments.