The greed and leverage boys held their first face-to-face gathering since the pandemic began at Berlin's SuperReturn. Co-Chairman David Rubenstein and CEO Kewsong Lee spoke about global opportunities and issues facing private equity underwriters (PEU).
Virginia Governor Elect Glenn Youngkin (Red Team) swam in this globalist water just last year. Congress continues to give billionaire PEU founders a free pass on fair taxation.
The average citizen has long wanted the obscenely rich to pay more in taxes. Fooled again. Politicians Red and Blue love PEU and some are one.
Update 11-16-21: Pitchbook ran a piece on the high profile PEU speakers at Berlin SuperReturn."The past 18 months have left many industries humbled. Not so with private equity. The asset class has performed exceptionally despite the macroeconomic headwinds."
