KKR's Learns a Lesson From Soured Energy Bets
KKR's rivals haven't been immune to the decline in energy prices. Since June 2014, when oil prices began a slide to below $30 a barrel from above $100, private-equity firms' stakes in 12 publicly traded exploration-and-production companies have lost more than $20 billion in value.
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Published in | Daily Bankruptcy Review |
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Main Author | |
Format | Trade Publication Article |
Language | English |
Published |
New York
Dow Jones & Company Inc
11.02.2016
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Subjects | |
Online Access | Get full text |
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Summary: | KKR's rivals haven't been immune to the decline in energy prices. Since June 2014, when oil prices began a slide to below $30 a barrel from above $100, private-equity firms' stakes in 12 publicly traded exploration-and-production companies have lost more than $20 billion in value. |
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