The hang-up? Banks are still stuck with loans, institutional buyers are still spooked
June 4 - Financial Week - The age of the mega-buyout isn’t over, but it may take a number of years for it to return, the head of one of the world’s top leveraged buyout firms firms said on Wednesday.
David Rubenstein, co-founder of the $81 billion Carlyle Group, said a resurgence of large buyout activity of the kind that occurred in recent years is contingent on banks selling inventories of loans used to finance previous deals. Read More.
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