Overall, only 42 percent of past winning USequityfunds for the five years ending in September 2006 stayed in the top half over the next five-year period ending in September 2011.
The government used some of these funds to purchase equity in US banks and industrial corporations, much of which had been returned to the government by early 2011.
The many companies that these mega-funds buy and sell every year has meant that growing numbers of men and women in the US, the UK, across Europe and around the world now work for companies owned by private equityfunds.