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Public Pensions Have Set the Stage for Private Equity to Pitch 401(k) Plans
Edward Siedle 
[Opinion] July 27, 2025 "[O]ver the past 20+ years, public pensions, under pressure to meet high assumed returns (often ~7%), have embraced private equity for its historically higher reported returns versus public markets. These funds have universally underreported risks and fees (especially performance fees) and overstated investment performance by accepting rosy valuations from private equity managers." MORE >> |
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