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Private Equity

Warren Buffett Slams Private Equity At Berkshire Hathaway Meeting

by bloomberg.com posted 2months ago 61 views
Warren Buffett, who has long slammed the hedge fund industry for charging high fees, escalated his criticism of private-equity firms that have been raising record sums of money in recent years. “We have seen a number of proposals from private equity funds where the returns are really not calculated in a manner that I would regard as honest,” Buffett said Saturday at Berkshire Hathaway Inc.’s annual meeting.

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