Private Equity
Over the last several years Buyouts has generated research demonstrating that funds of funds generate uninspired returns for investors—a lonely task that hasn’t won us many friends in the funds-of-funds business.
2 min read · 04 June 2013
It is probably time to put to rest the question of whether, over nearly three decades, U.S. buyout shops have on average outperformed the public equity markets. They have.
3 min read · 20 May 2013
It is probably time to put to rest the question of whether, over nearly three decades, U.S. buyout shops have on average outperformed the public equity markets. They have.
3 min read · 15 May 2013
Ben Sullivan is stepping down as managing director and co-head of the fund placement group at Lazard Ltd, and plans to leave the firm in mid-June, Buyouts has learned from sources. It was not immediately clear what he plans to do next or why he’s leaving.
2 min read · 10 May 2013
The Carlyle Group may be best known for investments in Freescale Semiconductor, Hertz Corp. and other giant companies. But the firm has a financing arm that’s aimed decidedly at the middle market.
4 min read · 09 May 2013
2 min read · 06 May 2013
Are buyout shops good for their portfolio companies? The debate won’t end in our lifetimes. But in the meantime a new academic paper finds that buyout firms provide their charges with at least one concrete benefit: lower borrowing costs.
3 min read · 22 April 2013
Kenn Lee has left advisory shop TorreyCove Capital Partners after nearly six years to join Cheyenne Capital, a firm looking to parlay its success building and harvesting a private-equity portfolio for the state of Wyoming into a larger business, sister magazine Buyouts reported.
3 min read · 19 April 2013
Kenn Lee has left advisory shop TorreyCove Capital Partners after nearly six years to join Cheyenne Capital, a firm looking to parlay its success building and harvesting a private-equity portfolio for the state of Wyoming into a larger business.
3 min read · 18 April 2013
It’s easy to forget that consolidations are fragile things, easily dashed to bits by culture clashes, IT incompatibilities and political infighting. Pamlico Capital found the right formula for folding companies into transportation technology provider TMW Systems. And it led to a spectacular jump in equity value.
4 min read · 17 April 2013
