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David Rubenstein on Private Equity, Politics, Parenting, & The Art of Investing | #442

The Meb Faber Show - Better Investing

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Private Equity - What Is It?

In 19 78, the carter administrations department of labor said it is ok for eriso funds to invest in what was then called alternative assets. The only investors who were able to invest were high networth individuals, some banks and some insurance companies. Private equity meads all private investments where you're really investing equity.

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