The report examines consumer behavior at this point in the economic cycle KKR has posted a new report titled The New Consumer. Paula Campbell Roberts, the Director of Global Macro and Asset Allocation Team, lead the KKR research. The report examines the condition and behavior of the consumer at this stage of the economic and …
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The “Elizabeth Warren War on Private Equity” hit a new stride after the Democratic candidate took aim at PE firms that own or back for-profit colleges. Recently, Senator Warren (D-Mass) and Representative Mark Pocan (D-Wisc.) co-signed a 30-page letter to six private equity firms about investment in these colleges. The Democrats asked several questions about the schools’ marketing, tuition costs, federal aid practices, profits, graduation rates, and related legal actions.
The legendary hedge fund manager said declining interest rates had propped up returns in PE, but this could change
Cooperman was speaking at an event hosted by the New York Alternative Investment Roundtable. Initially calling private equity a scam, he later clarified his remarks. Though he was put off by the high fees and lengthy lock-ups, he said the industry wasn’t a scam.
Blackstone receives a big sum from the nation’s second-largest public pension fund. CalSTRs is doubling down on private equity investments. The retirement pension fund manages $241.3 billion for teachers and other public beneficiaries. The group also invested $5.5 billion across 30 different private equity vehicles, according to the Wall Street Journal’s review of its documents. …
Roughly 20% of test-takers didn’t even show up in June CFA results are out from June’s annual testing, and the numbers are… The CFA Institute said that the percentage of test-takers who passed fell. It appears that the goal of expanding test access to new markets may have been responsible. The CFA I test is …