Private equity executive warns pension scheme push risks bailouts
Push to widen access comes with high fees, average returns and ‘ample dollops of additional risk’, says Olympus Partners founder
Related reading
Private equity backers raise new conflict concerns over sweetheart deals
Investors question if some institutions rubber-stamp deals that could benefit other businesses
Private equity investor body sounds alarm over rush of retail money
Popularity of evergreen vehicles with wealthy individuals could ‘fundamentally alter the landscape of private equity’
Private equity backers slam ‘runaway’ legal costs from top law firms
Body for pension and sovereign wealth funds wants costs shared between investors and buyout groups
Canadian pension funds count cost of private equity slump
Rising interest rates bring prolonged downturn to the buyout industry
UK pension funds face ‘huge’ costs to sell private assets
Industry regulator has written to 58 schemes to warn about their exposure to hard-to-sell investments
Pension funds scoop up ex-private equity executives
Prolonged downturn in dealmaking has meant fewer opportunities and squeeze on pay