Transformation of private equity
Date: November 27, 2009
Private equity(PE) could soon be rechristened ‘change capital’ or ‘value-added equity’. Expressing these views at a recent conference, David Rubenstein, co-founder of Carlyle Group, believes that going forward, “investments will be smaller and less frequent, equity levels put into deals will rise, debt will be more expensive than before and holding periods will also rise.
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Source: Economic Times
