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Banking turmoil forces private equity firms to change tack
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Private equity firms are pivoting away from riskier deals and debt-fueled buyouts amid turmoil in the banking markets.
A fortnight of turbulence in the banking system, prompted by the collapse of Silicon Valley Bank and UBS's rescue of Credit Suisse, has caused fresh uncertainty in the debt markets, making it harder for PE firms to finance their deals.
“We’re...
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