What’s significant about the court decision and the schools? First of all, it prevents Kamehameha Schools from completing what Pauahi intended - the restoration of the Native Hawaiian people through education. However, the court decision could impact all people of color in this country - not just Native Hawaiians. If left standing, the courts in this country potentially could prevent any private person, trust, or organization from giving educational scholarships or financial aid to a disadvantaged ethnic group.Private equity is an alternative asset class that has the potential to deliver long term returns superior to traditional asset classes such as bonds, property and listed shares. Private equity is riskier than these traditional asset classesand investors should consult their financial adviser before making an allocation to this asset class.
