TPG's Peterson: P/E Activity to Slow

TPG Capital partner Karl Peterson this month reiterated his firm's plans to maintain its ownership of Sabre Holdings to cultivate "long-term value creation." Speaking during the PhoCusWright conference here, Peterson explained how private-equity companies grew their influence since the 1990s by generating big returns, attracting more capital and taking advantage of new regulations governing public companies. But he also suggested that momentum likely would slow this year and next amid a softeni