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The New Wizards of Wall Street

The $three.7 billion buyout of a Dutch automobile parking space corporate doesn’t sound like essentially the most thrilling deal—however how it used to be carried out presentations that massive private-equity companies can now behave like old school funding banks. They can use their very own steadiness sheets to transport temporarily, make large bets and earn charges from companions.

But as they transform extra tough on Wall Street, there are better dangers of conflicts and scrutiny.

When…

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