 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.
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