A recent dip in interest rates and highly valuated US stocks have investors looking further into alternative investment options, including private equity. But economic conditions aren’t the only reason PE has grown in popularity. As Larry Swedroe of Buckingham Strategic Wealth points out, “PE excites many investors, offering the opportunity for spectacular returns (although, as with most investments, we generally hear only the stories with happy endings). Even the term conveys an exclusive nature, especially for investors who yearn to be ‘players.’”