Carlyle's David Rubenstein talks with Bloomberg about the outlook for private equity in 2009. Note his comment that (paraphrasing): "every buyout done in the past couple of years will need some form of debt or equity restructuring."
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David Rubenstein is low key about the economic situation and private equity.
"Most bankruptcies are companies that have nothing to do with private equity."
"Lot of the deals that get attention are the large deals. Small deals will be fine."
"Sellers will need to adjust to lower prices and deals will get done by summer."
People are holding off.
Posted by: Jacoline Loewen | February 03, 2009 at 05:26 AM