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Alex4Martinez

(3,297 posts)

3. Private equity firms raise funds from institutions and wealthy individuals and then invests it.

Reply to Baitball Blogger (Reply #1)

Wed Jun 17, 2020, 08:48 PM

Jun 2020

Private equity firms raise funds from institutions and wealthy individuals and then invest that money in buying and selling businesses. After raising a specified amount, a fund will close to new investors; each fund is liquidated, selling all its businesses, within a preset time frame, usually no more than ten years.

When dealing with our 401Ks and pension funds, it's like fish in a barrel, no oversight.

https://en.wikipedia.org/wiki/Private_equity_firm

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DJT allows private equity to raid 401Ks and IRAs [View all] KentuckyWoman Jun 2020 OP

Can anyone define what a private equity firm is? Baitball Blogger Jun 2020 #1

Bain Capital Turbineguy Jun 2020 #2

Private equity firms raise funds from institutions and wealthy individuals and then invests it. Alex4Martinez Jun 2020 #3

Not if. We all call our 401k administrators dickthegrouch Jun 2020 #4

Well, shit. Ferrets are Cool Jun 2020 #5

I've never seen a 401K where one can't choose at least one conservative/safe Hoyt Jun 2020 #6

with the current "lifestyle" and years to retirement plans, people don't pay attention. uncle ray Jun 2020 #7

Not if the federal government gets to them first. roamer65 Jun 2020 #8