Both the firm and its investors are still betting that leveraged buyouts will pick up.
Critics contend that leveraged buyouts can saddle takeover targets with dangerous levels of debt.
The view that leveraged E.T.F.'s are responsible for the market's volatility has not gone unchallenged.
The $25 billion deal captured the public imagination and provoked talk that leveraged buyouts could grow only larger and larger.
The results of this exhaustive study repudiate the "conventional wisdom" of the anti-Wall Street crowd that leveraged buyouts destroy companies and jobs.
DealBook's Andrew Ross Sorkin talked with investors who said that leveraged exchange-traded funds are the culprit behind the late-day market swings.
"You want a piece of me," she declared, in a song from her 2007 album "Blackout" that leveraged her notoriety into lyrics.
These firms are also playing off the eagerness of big institutional investors, like pension funds and endowments, to chase the higher returns that leveraged buyout shops offer.
I felt very strongly that breaking down our silos and making an organizational shift that leveraged the whole company was a priority.
"It depends on each individual ETF as to how dangerous things are".Providers of leveraged products, meanwhile, point out that leveraged mutual funds have existed for more than 15 years.
