peHUB Second Opinion 9.2

Salt In The Wound: New York State's $116 billion pension fund lost money on five of 12 of the private equity investments cited in federal and state corruption probes, the state comptroller said on Wednesday. (peHUB) Fresh Capital: China Life Insurance is considering a move into private equity investments. (Alt Assets) Hey Buyout Shops: You're at a turning point. What do you do? (Newsweek) Wow: This bank is running running a cash-for-cheese loan scheme with some Parmigianino Reggiano worth $200 million. (BBC) What's the New Normal? Can we identify any fundamental shifts in the model, changes that will last for 3-5 years, not 3-5 months? (Carried Interest)

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