Private-equity ETFs aren’t fit for the public
Commentary: High-cachet, high-cost offerings don’t live up to their billing
The article went on to say Private Equity ETF's have poor long term returns, in direct contrast to 30% return on equity numbers bandied about by The Carlyle Group's David Rubenstein.
The piece also stated PEU ETF's have high fees. It will be interesting to see if individual investors end up like public pension funds, chasing promises of high returns.