Like its parent, little-known AIG Private Equity (AIG) is in steep decline as investments sour....

|By:, SA News Editor

Like its parent, little-known AIG Private Equity (AIG) is in steep decline as investments sour. While losses are likely to be tiny compared with the billions the company lost elsewhere, the unit is a sign of how far AIG strayed from its insurance roots, and how complicated it will be for AIG to unravel.