Personal equity organizations found that personal credit funds represented a knowledge… Personal equity companies found that personal credit funds represented an awareness, permissive group of loan providers ready to provide debt packages so large and on such terrible terms that no bank would have them on its stability sheet. If high-yield bonds had been the OxyContin of personal equity’s debt binge, personal credit is its fentanyl. Increasing deal rates, dividend recaps, and roll-up techniques are typical behaviors that are bad…