In a commentary, SMU Adjunct Faculty Dr Larry Haverkamp discussed the private equity concept, an investment which he believes is important but not as well-known as hedge funds. He also explained the similarities between private equity and hedge funds, noting that both claim to be “absolute return” funds, which means they are so unique, there is no bench-mark to compare them. Dr Haverkamp also highlighted that private equity are hush hush and are only disclosed to shareholders, who must sometimes sign a non-disclosure clause.