City and State Pension Funds Pay Billions in Undisclosed Fees to Private Equity Companies

By Steve Straehley | AllGov | April 26, 2015 A good portion of the money that is supposed to be going to government retirees is being skimmed off by Wall Street as fees, much of them undisclosed, charged by private equity companies. CEM Benchmarking, which compares costs for various public and private equity funds, says […]