How does private equity businesses operating better improve our retirement savings? Wont they just improve the PE fund performance and benefit only the investors ?I am genuinely curious as its very difficult to find public information on how they actually function
Read Matt Levine's newsletter, it's a VERY simple business model built on financial engineering (it's rare they do something "novel"). But broadly, if you've got money in any sort of mutual fund, pension or retirement asset, the people managing your money WILL have some sort of allocation into PE funds. Even if you own a stock standard ETF like SPDR, PE funds like KKR are publicly listed.
