American private equity and hedge funds, once only available to institutional investors, are moving down market to the retail marketplace, according to a new report by Boston-based research firm Cerulli Associates. “Delivering illiquid private investments to the retail marketplace is challenging, as the typical buyout fund on average has a life-cycle of approximately 10 years,” […]

Visit ChinaMoneyNetwork.com for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.