[spyckie2]

PE has two definitions, the first is its structure as a private business investment.

Pensions did not create this business structure, it has existed forever.

The second definition is the subset of PE that is systemically buying businesses and extracting wealth from consumer and worker to asset and shareholder.

The article is not talking about the first definition and neither am I.

To regulate private businesses equity is not what I’m going for either, it’s regulating the large PE firms doing this specific business model en masse.