The result was that even those private-equity firms with access to capital found that deals were not as cheap as they might have hoped.

结果是，即使那些有资金的私人股本公司都发现交易不是如他们所期望的那么便宜。

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That reflects a strong inflow into private equity, Merrill Lynch found.

美林发现，这反映出财富强劲流入私人股本。

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Meanwhile the real estate private equity market is set for a record fund-raising year for2005, a separate survey has found.

同时另一项调查发现，2005年将成为房地产私人股本市场创纪录的筹资年。

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Richard Farley, a law partner who partly makes his living structuring private equity deals, found an excellent venue for his defense of the private equity industry.

FORBES: Private Equity Booster Misleads New York Times Readers On Jobs Record

The Philadelphia Inquirer'snew private-equity owners found themselves facing a possible strike after they tried to lay off workers.

ECONOMIST: Media firms and private equity

Mr Kaplan and Ms Schoar found that the winners in private equity tend to keep on winning, and the bad firms stay bad if they remain in business.

ECONOMIST: Pick carefully