With Blackstone going public, many people are asking some basic questions about private equity funds. Here's a quick FAQ for the average investor thinking about buying a few shares (or shorting them):
What is a private equity firm? Private equity typically refers to firms that take money from pensions, institutions and wealthy individuals and then invests in any number of different ways. At the roots, they are investment clubs for big money.
Private equity firms come in a variety of flavors,...Full Story