In this episode, Chad Reed and Jeff Eckel sit down with Jeff Hooke, senior finance lecturer at the Johns Hopkins Carey School of Business and acclaimed author, to discuss his new book, The Myth of Private Equity, An inside Look at Wall Street\u2019s Transformative Investments.\n\nJeff dives deep into his thesis that certain private equity funds aren\u2019t nearly as successful as they claim to be and that, as a result, many of their investors, including the pension funds of public employees, are subject to more risk than they think\u2014with taxpayers potentially and ultimately on the hook for unexpected underperformance. Jeff also explores a similar dynamic plaguing the ESG investment space.\n\nWhile more financially focused than many other Climate Positive episodes, we chose to focus on this topic as we believe it is of increasing importance to both taxpayers and investors\u2014including anyone with retirement savings\u2014as we all look to put our dollars into investments that are both profitable and climate positive.