Public offerings are generally larger because private placements are only open to a small group of wealthy individuals.

Many private placements require one person to invest at least 1 million.

Private equity fund managers generally perform better.

The reasons are as follows: 1.

Many private equity fund managers have jumped over from fund managers who have done very well in public equity.

2.

Private equity fund managers share profits, so they have more incentive to strive for the best performance.

3.

The management of private equity is relatively closed, and fund managers have more room to play.