A great article in today's WSJ talks about how private equity firms value the assets they own.  Basically, there are three ways and of course the trick is to over value the true value of the assets.  Wait until public pension funds find out that their assets invested in PE firms are overvalued.  This is the makings of the next financial crisis.

A great article in today's WSJ talks about how private equity firms value the assets they own.  Basically, there are three ways and of course the trick is to over value the true value of the assets.  Wait until public pension funds find out that their assets invested in PE firms are overvalued.  This is the makings of the next financial crisis.

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