David Rubenstein, co-founder of The Carlyle Group, continued to promote his pro-emerging markets stance yesterday with comments that he feels "more welcome" doing private equity deals in China than in the US.
The buyout veteran, speaking about China at the Dow Jones Private Equity Analyst conference in New York, said there were media-fuelled "constraints" to doing private equity deals in the US - but that people in China were very welcoming.
