The 'Barbarians at the Gate' may actually be getting something right

There is a long running debate in private equity investing.
Do the funds, which have won the moniker "Barbarians at the Gate", create value by financial chicanery, or by actually improving the businesses they've bought?
There has long been skepticism about the latter, as the $3.5 trillion industry's often aggressive approach is sometimes portrayed in a bad light. Private equity companies that swept into the ambulance business due to its "tremendous growth potential," for example,