Wednesday, June 20, 2007

Buyout firms tout record in UK political showdown

(Reuters) - Pressed about any negative effects of the leveraged buyout industry, representatives of Carlyle Group , Kohlberg Kravis Roberts & Co. , Permira and 3i Group were universal in saying they could think of none.




"Private equity is a force for good," KKR managing partner Dominic Murphy told a Treasury Committee, while Carlyle managing director Robert Easton said: "My own experience in private equity in this country has only been positive ... It's been positive for the companies I've been involved with."


Read more at Reuters.com Business News

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