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September 28, 2016
Carlyle Group LP (CG.O) expects private equity firms and other investors to increasingly buy control of companies in Asia rather than minority stakes, particularly in China where slowing economic growth is likely to convince more owners to sell.
Private equity firms have seen growth in returns on Chinese investments slow along with an economy which in the second quarter expanded at its weakest pace since the 2008-09 global financial crisis. Read more…