Nova 401(k) Associates
Nicholas Pension Consultants
Compensation Strategies Group, Ltd.
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|CalPERS Reports It Paid $3.4 Billion to Private-Equity Firms|
Nov. 25, 2015
"Private-equity firms reaped $3.4 billion in profit sharing for investing on behalf of [CalPERS] since 1990, the sort of gains that have led to debate over why Wall Street pays lower taxes than most American workers. The $295 billion pension fund Tuesday disclosed for the first time data on carried interest earned from buying and selling companies."
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