Buyout Shops Burned by Disclosure Spotlight –

The San Jose Mercury News does not employ a columnist to regularly report on the buyouts industry. It does, however, feature a regular venture capital column for its tech-hungry readership.

How surprising then that a recent public records act settlement between the newspaper and the California Public Employees’ Retirement System (CalPERS) includes the release of performance data for well over 100 buyout funds, while a similar number of venture funds managed to keep their internal rates of return (IRRs) buried in the Silicon Valley sand.

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