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Private Equity Faces Uphill Climb

The private equity business is facing trouble. A large number of private firms--23%--are expected to go out of business in coming years because of the economic downturn, according to a new study by Coller Capital. In its Global Private Equity Barometer report unveiled earlier this week, the London and New York secondary private equity firm disclosed that institutional investors believe that 23% of leveraged buyout firms and 28% of venture capital firms won't be able to raise…

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