This is a scam course run by MATTHEW MURRAY.
It is a scam because nothing is learned in the course.
It is a scam because Matthew Murray claims the entity is a 501 (c) 3 non-profit.
The instructor, Matthew Murray, pretends to be one of the many prestigous professors of private equity who is generously donoting his time for the benefit of the PEI and humanity.
The reality is that he is the only person in the company.
Matthew Murray is an unemployed charletan who scams honest hard working upwardly mobile aspiring private equity individuals. This is how Matthew Murray makes a living.
This crook stole $1, 295.00 from me and I will hound him until I get my money back and see him behind bars.
I took a course called PRIVATE EQUITY INTENSIVE TRAINING last September, 2009.
There were a total of 4 students. Each paid about $1, 300.00 The class was 9 to 5 on a Saturday and Sunday at the prestigous University Club on 54th and 5th in Manhattan.
The instructor/scammer/owner of the so-called PEI was Matthew Murray.
For two days he simply re-read the ABC's of basic topics like the Securities Act of 1933.
The website clearly states that each student must be fully versed in the prelimary necessary data and that the course itself would be intense training focusing on
(1) Case studies (2) the application of the main valuation models. INSTEAD MATTHEW MURRAY SIMPLY REREAD THE PRELIMINARY MATERIALS. I kept asking Matt when we were going to move on to the course itself and he would say "soon". After the course I returned to Miami Beach having spent over $3, 000 in total and I learned nothing.
I sent an email to Matt expressing my disappointment and he responded pretending to be someone else from the so-called PEI and basically called me a liar and told me "how dare you complain". No one has ever complained". Now that I have run a search on google PRIVATE EQUITY INSTITUTE FRAUD SCAM COMPLAINTS I have learned that I along with many other have been scammed.
I AM SHOCKED THAT THE UNIVERSITY CLUB allows this scam-artist within their hallowed walls. I have all correspondence from Matthew Murray wherein he basically says
:go bleep yourself, I am above the law".
Please do not waste your time or money.
They advertise a course of $1000 promising you insider knowledge of private equity and prospects of employment and internship to work at a private equity firm. However, all they teach you are simply materials readily accessible from major news and web sources. The founder Matt Murray is simply scamming everyone who is so eager to work in private equity, using this psychological weakness as bait to fulfill his other project (NY Private Equity Exchange) getting students to work for him as free labor. I remember once he even asked the students to lift a piano at his home.
Don't fall for this!
the quality of the instruction is garbage, "guest speakers" are b-string people that have "a job" in private equity firm -like Murray's NYPE supposedly a research house, he never gets you a job or even an internship, the "affiliations" are affiliated only because Murray uses their name on his website - they most likely have never heard of him. His resume is bogus - his CFA and all his other licenses expired a very long time ago. He is a total fraud.
Don't fall for the slick looking design of the website or the respectable sounding British voice on the web video to sucker you in. I took the course, paying $1000, in hopes of landing an internship on Wall St. for a reputable private equity firm. I was assured that PEI had great contacts in PE and in fact, the cost of the course was being subsidized by PE firms. What a joke. The course was a complete waste time. Everything they "teach" you can be learned in an hour or so on Investopedia or Wikipedia. They were no help in landing an internship. The only internship I was offered was to debug Matthew Murray's new website. Mind you, I was attending a top 10 MBA program at the time!
The owner/founder of PEI is a real nasty fellow: Matthew Murray. This guy got FIRED from his previous employer, Rodman & Renshaw, and has been unable to land another job on Wall St. PEI is his MAIN SOURCE OF INCOME!! Would you pay to learn ANYTHING from this guy?!
Stay far away from PEI and don't fall prey to your desperation to get into finance/private equity. You will be very angry if you fork out $1000+ to these charlatans!!
This company claims to prepare MBA graduates for internships with private equity firms. Unfortunately, the coursework fall short of teaching anything useful. The information provided does not give any insight into the industry. The claim that the students will get an internship is also a joke as the only internship available is with Mathew Murray's private equity stock exchange web firm. You will not spend anytime valuating investments instead you will spend time debugging the website. They take advantage of people who really want to enter the industry. Don't waste your money. Instead enroll in a reputable program.