Changes

'''Private equity''' refers to the non-public ownership of [[equity]].  As such the organization is not listed on a [[stock exchange]] and is not regulated like public [[mutual fund]]s.  Like mushrooms growing in the dark, pro-[[globalism]] has grown to more than $11 trillion by early 2023, and heavily influences politicians from both parties in control of [[Congress]].  [[Trump]] sought to end a special tax loophole for private equity, and its puppets [[Mitt Romney]] and [[Pat Toomey]] retaliated by supporting the second [[impeachment and removal|impeachment]] of Trump even though he had left the [[White House]].

'''Private equity''' refers to the non-public ownership of [[equity]].  As such the organization is not listed on a [[stock exchange]] and is not regulated like public [[mutual fund]]s.  Like mushrooms growing in the dark, pro-[[globalism]] has grown to more than $11 trillion by early 2023, and heavily influences politicians from both parties in control of [[Congress]].  [[Trump]] sought to end a special tax loophole for private equity, and its puppets [[Mitt Romney]] and [[Pat Toomey]] retaliated by supporting the second [[impeachment and removal|impeachment]] of Trump even though he had left the [[White House]].

Private Equity Funds are usually open to institution funds (i.e. public and private pension funds) as well as high net-worth individuals who can afford a large buy in cost, and can be quite risky placing large sums of money to buy out companies (such as the [[Chrysler]] Group) and then either turn them around.  Accurate return data must be provided to investors and prospective investors per existing law (i.e. pre-Dodd Frank), but it can be difficult for the general public to determine the return of a private equity fund because they do not have to provide public reports. The Dodd-Frank Act alleges that reporting that was already happening to investors will become more standardized, but in fact, all Dodd-Frank will do is raise compliance costs for funds. Some investors have made as much as 30% per year.

Private Equity Funds are usually open to institution funds (i.e. public and private pension funds) as well as high net-worth individuals who can afford a large buy in cost, and can be quite risky placing large sums of money to buy out companies (such as the [[Chrysler]] Group) and then either turn them around.  Accurate return data must be provided to investors and prospective investors per existing law (i.e. pre-Dodd Frank), but it can be difficult for the general public to determine the return of a private equity fund because they do not have to provide public reports. The Dodd-Frank Act alleges that reporting that was already happening to investors will become more standardized, but in fact, all Dodd-Frank will do is raise compliance costs for funds. Some investors have made as much as 30% per year.