Vanguard Dips Toe into Private Equity

In February, low-cost index fund manager Vanguard announced plans to offer a private equity fund. This according to an article in Bloomberg. “The move represents a surprising convergence of two…

KKR on Volatility in Private Markets

A recent paper by private equity firm KKR argues that, although the increased leverage and smaller company sizes typically included in private equity portfolios  should lead to more volatility in…