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How private equity performs in a (financial) crisis

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Did private equity really overpay for companies before the financial crisis?

FORTUNE -- Private equity gets a lot of grief for its so-called "Golden Age," and not only because The Carlyle Group's David Rubenstein had the chutzpah to actually use the phrase "Golden Age." Too much money, too high prices, too few protections for lenders, etc.

A new study, however, suggests that private equity deals done between 2006 and 2008 actually outperformed MORE


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