From Business Insider.

In the last 18 months, at least eight US hospitals have closed their doors after being bought and sold by private equity firms. For years, the private equity industry has stirred controversy when its investments in healthcare, retail, and restaurants have gone south.

When criticized, the industry usually defends itself by pointing to workers’ retirement pensions, saying they grow faster because they’re invested in PE.

But does PE really get the best returns of any investment?

Business Insider Producer Elizabeth McCauley sifts through the noise of industry reports and marketing and talks to experts to find out the truth behind this secretive industry.

If you want to check out the sources that informed this video, we made a reading list for you: https://docs.google.com/document/d/1F1CmtgxXE79A6sLjMKbpnR06aGPj0JFT1u17aVGpKZA/edit?usp=sharing

CHAPTERS:
00:00 – Introduction
01:40 – Winners & Losers
04:36 – Tricks of the Trade
07:45 – PE & Healthcare
13:42 – The Pitch
15:53 – The Returns
24:07 – Inflection Point
28:58 – Pressure’s On

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#privateequity #pension #economy

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You’re Being Lied To About Private Equity | Truth Complex | Business Insider