Casting a Wide Net, European Private Equity Firms Draw In High-Yield Investors

As Europe’s debt crisis continues and banks grow increasingly selective about making loans for deals involving private equity, European private equity firms are being forced to look elsewhere for the financing they need to complete acquisitions.

 This is the subject of Friday’s New York Times “DealBook” article, “Private Equity Firms in Europe Struggle to Find Funds,” which reported that at $23.2 billion for the year so far, European acquisitions by private equity firms have dropped 38 percent over the same period last year, according to Thomson Reuters.

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