The year in private equity

What started out as a banner year for buyout deals quickly soured when the credit crisis hit. A look at the biggest stories of the year, and what's in store for 2008.

Investors push back
Henry Kravis, pictured here at the Council of Foreign Relations in New York.
Investors push back
Despite signs that the debt market is starting to turn, KKR follows in Blackstone's footsteps, filing for a $1.25 billion initial public offering.

Soon after, a wave of risk aversion sweeps Wall Street, and investors once eager to snap up the debt used to fund deals start to push back, demanding more for putting their money at risk.

Jan.

Feb.

March

April

May

June

July

Aug.

Sept.

Oct.

Nov.

Dec.