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It rose to prominence with leveragedbuyouts, the kinds of transactions made famous by “Barbarians at the Gate” and other chronicles of 1980s finance. It has also moved into hedgefunds, credit trading, infrastructure investing and more. These firms have since branched out into nearly every corner of finance.
A sharp escalation in US trade tensions has sent shockwaves through global credit markets, bringing leveragedbuyout financing and corporate debt issuance to a standstill a move that is already disrupting PE dealmaking and refinancing activity, according to a report by Bloomberg.
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