It's been champagne and caviar mixed with sackcloth and ashes at New York buyout firm JLL Partners, which in the course of roughly one month has seen two monster exits and one major bankruptcy.
First the bad news. Harrisburg, ([A-z]+)-based New World Pasta, the world's largest maker of dry pasta, and a JLL Partners portfolio company, last month filed for bankruptcy, declaring $450 million (&€379 million) in debts.
