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In the private equity souk last year, Ropes & Gray partner David Chapin, 52, pushed more than $32 billion in chips across the table for clients seeking prizes as varied as the nation’s largest doughnut chain and the billboards that light up Times Square. “Usually if my clients have one successful billion-dollar deal, it’s been a good year. In 2006 we ended up with a whole bunch of them,” says Chapin with equal parts excitement and exhaustion.

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