2 Replies to “Hedge Fund manager pay day.”

  1. I did a little sick calculating. We the pensions created most of these people. Extrapolating from the AFT report pensions invest 300 billion in P E .That is leveraged by a factor of 6 or so so that is nearly 2 trillion. That 2 trillion is about half of all the assets of Private Equity. It probably represents 2 trillion in revenue and 2 million jobs. Most of the profits from this wheeling and dealing benefit guys like….Rauner.
    Pensions have less hedge fund 227 billion maybe levered 2 x out of 3 trillion in assets under management. We have a lot of power as AFT pointed out and we need to use it.

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