In many others, private equity is the nefarious force targeting everything from funeral homes to perhaps the most notable victim of the PE trap: the health care industry, where lower standards can be deadly.

Private equity’s favorite tax break is back in President Donald Trump’s crosshairs. Trump on Thursday told Republican lawmakers he wants to end the carried interest exemption used by legions of private equity fund managers and venture capitalists around the country,

There are vast sums of money at stake at some of the largest publicly traded PE firms – Apollo Global, Blackstone, Carlyle Group and KKR.