Exact(48)
Ervolini: Well, at Cabot Research, we've researched $300 [billion] to $400 billion of assets managed by professional equity managers.
It's almost enough to make you pity private equity managers.
Private equity managers earn most of their money in two ways.
For some of the same reasons, private equity managers are having trouble exiting larger investments profitably.
But what is it that private equity managers do for their billions?
The downside is that private equity managers extract huge fees, reducing pensioners' gains.
Similar(12)
Private-equity managers aim higher.
But private-equity managers are rewarded on the basis of realising assets.
Private-equity managers have faced similar criticisms in America, where Congress held hearings in May.
The directive requires private-equity managers to disclose details of quite small companies within their portfolios.
Private-equity managers have always been willing to venture where others dare not.
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