(Reuters) - Such sentiments were expressed this week at the Reuters Hedge Funds and Private Equity Summit in New York, where several private equity executives addressed the growth in buyout investing by investment banks.
Wall Street, which earns billions of dollars in annual fees from buyout firms from advising and financing deals, shrunk or pulled out of buyout investing about four years ago, fearing it would pit them against their prized private equity clients.
Read more at Reuters.com Mergers News
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