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Public pensions keep faltering on private equity
This is getting laughable. The California Public Employees Retirement System (CalPERS) is expected to release its aggregate data on carried interest payments to its private equity funds, at just about the same time that most American attentions will be turned toward turkey and transit. But I’m sure this timing is just a coincidence, as the public pension giant required its private equity partners to submit their carry information just a scant 133 days ago. Full investment news article
Is it time to close the door to foreign buyers of British property?
A global super-rich elite, some of them criminal, are snapping up property in Britain, pushing up costs for all of us and throwing the poor to the edge of the cities. Rampant landlordism is dividing Britain into a nation of housing haves and have-nots. Full investment news article