"In recent years, too many financial firms have put taxpayer money at risk by operating hedge funds and private equity funds and making riskier investments to reap a quick reward.

VOA: standard.2010.01.21

Now, if you are a private company, you are limited to where you can sell your investments.

如果你的公司是私募性质,在推销投资产品方面会面临许多限制

耶鲁公开课 - 金融市场课程节选

Hedge funds do not post their investments on EDGAR, so they're private.

对冲基金不在EDGAR上发布投资情况,所以他们就是私募性质

耶鲁公开课 - 金融市场课程节选