Many states and regions lack the access to capital found in major metropolitan areas. In-state private equity programs help bridge that gap while also providing returns for beneficiaries.
PEI caught up with global wealth management head Raj Dhanda and newly appointed head of Asia wealth management solutions Henry Lee to discuss its expansion into the region.
Harvard is pushing Senate Democrats to consider reducing the controversial tax that draws an estimated $50 million annually from its $39 billion endowment. Many wealthy private universities want the tax eliminated.
While women remain underrepresented in private markets, particularly at senior levels, PEI’s annual Women of Influence list demonstrates that there is certainly no shortage of female talent.
Private equity performance, which lags public markets by a quarter or more, has remained strong as public holdings have been battered by the volatile markets.