TWO WORDS: PRIVATE EQUITY
TUESDAY, JANUARY 21, 2014 ¬© 2014 Dow Jones & Company. All Rights Reserved
Two Words: Private EquityBy Liz Moyer
Private equity was a popular investment choice last year for the 230 multimillionaire members of private peer network Tiger 21.
As a group, they held 21% of their money in private-equity investments as of the end of the fourth quarter, just shy of the 22% all-time high allocation recorded by Tiger’s first-quarter survey last year. Cash and cash equivalents made up 11% of Tiger members’ investments, near the all-time low of 10% recorded in the seven years Tiger has surveyed members