As many of 708 private equity firms are facing a brutal deadline — attract investors over the next few years or face fee reductions, Bloomberg reports. From 2006 to 2008, PE attracted $ 702 billion in investment...

David Rubenstein, managing director of private equity firm The Carlyle Group, just bought a rare, original copy of the Emancipation Proclamation for $ 2.1 million, reports NPR. Basically, this is one of the most badass ways to...