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According to Mr. Papa himself, he returned due to the shockingly low price to which oil had dropped stating that, “Had oil stayed at one hundred dollars a barrel I would have stayed retired.” But it has not and this gave Mr. Papa the idea that a lack of investments in various oil fields would eventually cause a massive increase in demand, what is typically referred to as a “shortfall.” Riverstone founders David Leuschen and Pierre Lapeyre encourage him to get back in the game.

Read More American oil legend gets back in the game

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Private equity firms continue to record positive growth as evident in the rise of lucrative buyouts and greater acquisition targets. This growth comes in spite of rising interest rates, tougher…

Read More Renowned Private Equity Execs

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