DeChiara Discusses Private Equity Buyout Investments in Fourth Quarter

Winston & Strawn partner Dominick DeChiara, who serves as co-chair of the private equity practice, was quoted in Bloomberg News' article titled "Private-Equity Firms' Buyout Exits a Quarterly Record."

As Bloomberg reports, buyout firms sold 265 stakes valued at $71.8 billion in the fourth quarter of 2010, setting a record pace. "There was a big push to get deals done by the end of the year for tax reasons," said Mr. DeChiara. "Deals that would've gotten done in the first quarter of this year got pushed up."

With the fourth quarter push, investments valued at $203 billion for the year, the highest since $225 billion in 2007.