Purgatory Age or Golden Age?

[staff]

Purgatory Age or Golden Age?
      

While Carlyle Group co-founder David Rubenstein has said the private equity sector had fallen into the “purgatory age” to atone for past sins of success, Ripplewood Holdings CEO Tim Collins said on Thursday that the “golden age”Ã, was still to come.
Collins remained positive even though buyout volume has dropped 53 percent this year to $26.0 billion, [...]
         

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