Private equity funds for the general public

How do you make money in an era of low inflation and converging international markets? It is a vexing question for many millions of private investors who have grown accustomed to double-digit stock market returns and who must now consider that these returns may sink below 10% for the first time in five years. Private investors have accumulated more assets in a decade-long bull market than they know what to do with. The total wealth of high-net-worth individuals worldwide at the end of 1999 was estimated at close to $25.5 trillion by the Merrill Lynch/Gemini Consulting World Wealth report...