With equity capital in abundance, mezzanine in temporary istress, product prices high, a dearth of properties available, midstream/downstream as-sets and onto to find as usual, what's private capital to do? While some may choose to wait, others are rushing right on in. As indi-cated in the accompanying table, the 16 "Tier 1" funds that responded to our survey have invested US1.1 billion in 57 deals through July 2002.
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