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The Private Equity Debate Revisited

Capitalisn't

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The Importance of Private Equity in Finance

The PE business has said, no, we have a more leveraged asset, yet it moves less than those company stocks that have much, much fewer debts. That contradicts most of what you've learned in finance courses at the University of Chicago. Even if the returns were equally S&P 500, which they're not, there would be a reason to have them.

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