Private-equity heads meet in post-credit-crunch world

02/26/2008 | Times (London) (subscription required), The

The annual Super Return conference in Munich this week lets the titans of private equity take stock of their new world, one without cheap money to borrow for buyouts. Many buyout chiefs privately have written off 2008. The credit crunch has reordered the private-equity picture, leaving behind a pile of leveraged debt weighing heavily on bank balance sheets.

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