Pa. pension employees are taking pricey trips to Beverly Hills. But the costs are hidden. Why?
Pennsylvania pension fund employees annually fly to California to check on investments. But the full cost of those trips are shielded from public view. Why?
What is private equity and why are Pa. lawmakers concerned about the tens of millions of dollars of your money tied up in it?
What does a private equity firm do? And why has its work, which attracts rich individuals and well-endowed institutions, become a source of controversy?