Private equity limited partners (investors) are predominantly pension funds and university endowments. These limited partners keep investing with, and enriching, the general partners (fund operators) with fees and carried interest because the funds consistently outperform other investments like mutual funds, hedge funds, etc. If you have an issue with private equity, it should start with its limited partners.

Private equity limited partners (investors) are predominantly pension funds and university endowments. These limited partners keep investing with, and enriching, the general partners (fund operators) with fees and carried interest because the funds consistently outperform other investments like mutual funds, hedge funds, etc. If you have an issue with private equity, it should start with its limited partners.

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