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Private equity searches for a way to avoid the drop

Falling oil prices hit US private equity portfolios, and firms are seeking to limit the damage

Private equity searches for a way to avoid the drop

When private equity giant Kohlberg Kravis Roberts led a $7.2 billion deal for Oklahoma-based Samson Investment (now Samson Resources) in 2011, the deal seemed tailor-made for the New York firm.

The large oil and gas producer wanted funding to help it capitalise on the US shale boom and was based in the hometown of KKR co-founder Henry Kravis.

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