FYI: For years now, big banks and brokerage firms have been urging their wealthiest individual clients to get into private-equity funds. Buying such a prestigious fund can make you feel like a big cheese with privileged access to the high returns corporate deal making can generate. Trying to sell one, however, can make you feel like a tiny mouse in a giant glue trap.
Regards,
Ted
http://blogs.wsj.com/moneybeat/2016/06/30/private-equity-big-cheese-try-a-mouse-in-a-glue-trap/
