How will leveraged buyout funds be able to deploy their capital in a world without leverage? Of all the questions being asked about private equity's future direction, this is one of the more pressing. Talk of the need for innovation sounds reasonable but vague. How exactly will this manifest itself? Pan-European buyout firm CVC Capital Partners has come up with one answer through its £3 billion (€3.3
Big deals can still happen
Opportunism and careful negotiation have allowed CVC to prove that there's still life at the larger end of the market
