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Private Equity Giant Lone Celebrity Shakes Up North American Ranks

Private Equity Giant Lone Celebrity Shakes Up North American Ranks Lone Star’s founder, John Grayken, in 2006. Credit. Chung Sung-Jun/Getty Images Lone Star Funds, a large personal equity company that focuses on buying up distressed assets — soured mortgages in specific — is undergoing a shake-up when you look at the handling of its united …

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