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Private equity is the latest economic bogeyman. And there are good reasons for that. Assets in the private market have grown exponentially in the past 20 years, especially in North America , and now amount to nearly $12-trillion. The number of companies backed by private equity more than doubled from 2006-2020, while the number of public companies
NEW YORK--(BUSINESS WIRE )--Union cautions defined benefit pension plan administrators that federal regulators have identified potential risks in private equity-backed insurers . .. .
) While the retirement plan industry generally applauds the introduction and adoption of state-sponsored retirement plans, the possibility some could compete with and "crowd out" private plans due to how the legislation is structured is an ongoing concern. However, in some states, the opposite is true. Several factors, including