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Business trends

Equity firms cover the globe with massive buyout funds

CVC Capital, KKR among those luring yield-starved institutional investors

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The search for yields by institutional investors has fueled large-scale corporate acquisitions by equity firms.   © Reuters
AKIRA YAMASHITA, Nikkei staff writer | Japan

NEW YORK -- Big investment firms worldwide are churning out buyout funds topping $10 billion each, as pension managers and other institutional investors seek a piece of the action in anticipation of higher returns.

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