Private Equity
Rising interest rates are likely to lead to an increase in credit defaults and delinquencies later this year, but their impact will be modest by historical standards, according to market watchers at Moody’s Investors Service Inc.
2 min read · 31 July 2013
The prolific tweeter known as @PE_Feeds has left his position in private equity advisory to tackle the startup world.
3 min read · 30 July 2013
An indefatigable promoter of the private equity industry on social networks has moved to his next gig.
3 min read · 29 July 2013
Fifth Street Management is moving up the capital stack.
2 min read · 29 July 2013
Prices eased on target companies in the second quarter, and sponsor contributions also declined, according to the latest quarterly data from the Leveraged Commentary & Data division of S&P Capital IQ.
2 min read · 29 July 2013
U.S. buyout shops raised $12.8 billion in the latter part of July, bringing the industry’s total buyout and mezzanine funds raised so far this year to $89.9 billion. At this point last year, the industry had won $92.2 billion in investor commitments.
1 min read · 29 July 2013
The first half of 2013 was the strongest ever for issuance of collateralized loan obligations, although the pace is likely to slacken for the rest of the year, according to the offshore fiduciary Appleby Global Group Services Ltd.
2 min read · 26 July 2013
Midwest Mezzanine Funds has raised roughly $70 million for its fifth subordinated debt vehicle, regulatory filings showed. A person familiar with the effort said the Chicago-based lender is targeting an ultimate $200 million for the fund, which is being raised via two parallel structures.
2 min read · 22 July 2013
In the evolving market for secondary sales of aging private equity portfolios, it is likely to take some time before dealmakers figure out approaches that will be relatively standardized, consistent and fair, says Trey Muldrow, an attorney at Akin Gump
2 min read · 15 July 2013
2 min read · 15 July 2013