Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
Things are tough in the land of private equity. Limited partners are using their newly-found bargaining power to demand that general partners make substantially larger capital commitments to their new funds. In addition to illustrating the shift in power between the parties, it reveals an inconvenient reality: in many cases, general partners are not as wealthy as they claim.
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The Rabid Capitalist 
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