Editor’s Letter: Warren Buffett questions legitimacy of PE’s use of IRR

private equity, secondaries
Private Equity Editor Chris Witkowsky reflects at home. Photo by Wendy Witkowsky
Warren Buffett has long been a critic of private equity, and he was at it again this month at Berkshire Hathaway’s annual meeting, according to Bloomberg. Buffett questioned private equity’s performance calculations and cast doubt on the legitimacy of using ...

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