Jeffrey C. Hooke, "The Myth of Private Equity: An Inside Look at Wall Street's Transformative Investments" (Columbia Business School, 2021)
New Books in Economics
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Private Equity Investors Don't Know What's in on With Their Private Equity Investments
The private equity business has defied financial gravity for the last two decades. 60 % of all private equity deals that have been bought in the last ten years have not been sold. The industry is saying these deals are better than sliced bread, and on the other hand, they can't sell em. Until these things are sold, you have no idea what the returns are going to be yet.
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