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Value creation in private equity, by Capital Dynamics and CEFSp

4 Jan 2010

The last 18 months have been characterised by an unprecedented financial crisis. The subprime crisis has led to a change in the banking sector that has never been seen before. In particular, debt issuance has decreased substantially - while leverage seemed to be available in abundance in early 2007, debt volumes have come down by two thirds since then. These developments question the business model of private equity and raise crucial questions:

 

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