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Follow the Money: The Real Story Behind Buyouts’ Big Year

Buyouts attracted an impressive $448 billion in private equity’s reeling fund-raising environment. But not everyone felt the benefits.

By Hugh MacArthur and Brenda Rainey

Spiking interest rates derailed dealmaking in 2023 and left the capital flywheel sputtering. Getting unstuck is job one in the year ahead.

First published in marzo 2024

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