Michael Milken says private equity's 'golden age' will continue

Michael Milken says private equity's 'golden age' will continue

Michael Milken speaks at the Milken Institute Global Conference in Beverly Hills, California, U.S., May 3, 2017. REUTERS/Mike Blake

The private equity industry will continue to play a growing role in financial markets, fueled by low yields and investors’ willingness to forgo traditional risk protections, Michael Milken said.

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