Private Equity
A study of 79 global buyout firms conducted from 2011 to 2013 found that more than half of those in partner-level positions (57 percent) have MBAs, while 7 percent have a law degree, according to a draft academic paper.
1 min read · 27 June 2014
Overall, global buyout firms in a recent survey said that more than a third of their closed deals (36 percent) were proactively self generated on average, followed closely by investment bank-generated with 33 percent.
1 min read · 20 June 2014
U.S.-based buyout and mezzanine shops raised more than $78.9 billion in capital through June 6. The latest fundraising tally is more than twice the $36.9 billion recorded through mid-June in 2013.
1 min read · 16 June 2014
The proportion of equity used to finance U.S. leveraged buyouts fell by 6 percentage points, from the 44 percent recorded in the last quarter of 2013 to 38 percent in the first quarter of 2014.
1 min read · 13 June 2014
Harvard University continues to have the largest endowment for fiscal year 2013 (ended June 30) with more than $32 billion.
1 min read · 06 June 2014
Terry Garnett and Dave Helfrich, the guys behind technology buyout firm Garnett & Helfrich Capital, could probably raise a second fund. The question is, why haven’t they?
7 min read · 02 June 2014
Since January 1, 2009, the plurality of buyout funds raised by U.S.-based shops have been between $100 million and $300 million in size.
1 min read · 30 May 2014
2 min read · 27 May 2014
Warburg Pincus LLC is close to a deal to acquire Wencor Group LLC, a manufacturer of commercial aircraft parts, for $800 million to $900 million, people familiar with the matter said.
1 min read · 27 May 2014
The Canada Pension Plan Investment Board, one of the world’s biggest dealmakers, said it is hard to find good deals because most assets are fully priced, but it will be patient and focus on emerging markets to find deals that offer long-term value.
2 min read · 27 May 2014