Private equity poised for a comeback

November 6 - Washington Technology - The recent subprime credit woes brought an end to the third era of private equity, but the fourth era should begin in early 2008, according to David Rubenstein of the Carlyle Group.

Rubenstein is one of the founders of the private equity group, which has focused heavily on deals in the government market.

In a speech liberally sprinkled with self-deprecating humor, Rubenstein explained that private equity deals will return. “They will come back because investors know the returns are better than they can find anywhere else,” he said. Rubenstein was the keynote speaker at the annual Northern Virginia Technology Council annual banquet Nov. 5. Read More.