Private Equity Looks Abroad, But May Be Blind to the Risks
Date: December 29, 2010
Private equity has had some wondrous investments in the United States. Only a few years ago, Kohlberg Kravis Roberts and two other private equity firms made $1.2 billion in about a year by investing in the satellite company PanAmSat.
Outside the United States, though, regulators often lash out when private equity firms profit unduly at the local investors’ expense.
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Source: New York Times
