Not even the backing of coaches like former Knicks players John Wallace and Earl “The Pearl” Monroe could help private equity executives muster enough points to beat a squad of hedge fund players on the basketball court Wednesday night.
Private equity lost yet again to its hedge fund rival at the Youth I.N.C.’s Annual Net Gain Tournament, a charity event held at New York University to help raise money for public school athletic programs throughout the city. The private equity squad hasn’t won the matchup since their 32-24 win in 2008
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