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  "documentTitle": "Global Private Equity Report 2016",
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  "notes": "Bain & Company Global Private Equity Report 2016, Page 3.",
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      "text": "The global financial meltdown was a disaster for banks, brokerages, insurers and investors, as credit seized up and equity markets tanked. However, in one surprising respect, the PE industry withstood the maelstrom far better than commonly expected.",
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      "text": "Note: \"Dead\" firms do not include investment banks forced to terminate PE activities due to regulatory changes; Bain determines a PE firm dead if it has not raised a buyout fund since 2008 and Preqin lists the firm as no longer active or as not currently investing; Bain also considers the firm dead if it has stated that it will not raise another fund or the firm meets two of these four criteria: has less than $50 million in dry powder, has not made an investment in two years, its last fund was in fourth quartile, or had a major SEC lawsuit. Source: Preqin",
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