Remove 2007 Remove High Net Worth Individuals Remove Pension Funds
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Transcript: Julian Salisbury, GS

The Big Picture

It’s like what do I do, how do I address my needs, what are my liability structures, how do I make long-term investment decisions, and then how do I execute upon that overall advice through these individual investment opportunities. So what I mean by that is, first, understand the duration of your funding source. SALISBURY: Yes.

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Transcript: Gretchen Morgenson

The Big Picture

In 2007, firms extracted — the private equity firms extracted $20 billion from companies in the form of dividend recapitalizations. And it has really done a lot to attract the high net worth retail customers into that. Pension funds, perhaps, maybe aren’t growing as much as they need them to.