Wondering why Leon Black
is taking buyout firm Apollo Global Management LLC public? Well, fellow private equity dealmaker David Rubenstein of the Carlyle Group offered an explanation on why the industry is filing to go public during The Deal's M&A Outlook 2008 event last November. Rubenstein thinks that private equity is going the same route as investment banks in the 1960s, when no respectable banks were public. Watch the video after the jump. -
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