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Picking your targets 9 Feb 2012
Ever since the financial meltdown in 2008, private equity has been something of a balancing act. The three principles that support deals - leveraging equity with debt, exploiting higher multiples and increasing profits - have all suffered. There's less debt, there's less optimism (hurting multiples) and the economy has remained sluggish (limiting growth).The evidence of how this has affected the... Read more