Friday, March 8, 2024

PEU Legend Aims at Poor

Carlyle Group cofounder David Rubenstein wants individual investors to have access to private equity investments.  At Private Equity International's Nexus 2024 event Rubenstein said

"We should allow people who need to invest in things that get a higher rate of return because they don't have much income."

Carlyle launched a PE secondaries fund, Carlyle AlpInvest Private Markets Fund.  It abbreviates to an appropriate, CAP-MF.  That should sell to the homies.  

Rubenstein can help the masses invest in cyprotcurrencies via Paxos, a holding in his family office.

If they can con poor people into crypto investing, selling PEU vehicles should be a breeze.  We may get another David Rubenstein rap video"Need income?  CAP that MF...."