Private equity funds are also eyeing the retail space. David Rubenstein, co-founder of industry giant The Carlyle Group, said that there will be a time for private clients to enter his types of funds, adding "that will be an enormous growth opportunity for people like us."
If private equity underwriters (PEU's) can cheat sophisticated investors, like public pensions and sovereign wealth funds, think of what they can do to the small investor.
The enormous growth opportunity is for PEU founders to cash in on the wallets of little people. Chasing return will end badly for many, just as it did nearly six years ago.