Private Equity
The backer of the top buyout fund in the Buyouts historical performance database, turnaround investor Wingate Partners is coming to market for its fifth bite at the apple.
2 min read · 09 July 2013
Buyout pros pride themselves on their ability not only to do deals and build companies but also to exit their investments in an efficient, profitable manner. Jerry L. Mills tells sister magazine Buyouts they might find it beneficial to offer some of that expertise to small businesses that could become deals for them in years to come.
2 min read · 08 July 2013
With two deals announced in the past month totaling $1.4 billion, Thoma Bravo LLC is returning to the fundraising market scarcely 18 months after it raised its last flagship fund.
3 min read · 05 July 2013
Top military leaders may not have a lot of experience in constructing financial deals, but their leadership skills and strategic thinking abilities could be valuable assets for U.S. buyout shops, executive recruiters say.
4 min read · 01 July 2013
The recovery from the financial crisis has not been kind to providers of mezzanine debt. Providers of such junior credit have seen themselves largely pushed to the sidelines during the past four years, as borrowers, and the sponsors behind them, took advantage of less costly financing.
6 min read · 01 July 2013
2 min read · 01 July 2013
The dividend recapitalization may be one of the most controversial techniques of realizing returns in the buyouts business, but Ted Thorp, co-head of the leveraged finance group at ORIX USA, says recaps are a useful tool in the sponsor’s toolkit.
3 min read · 27 June 2013
2 min read · 17 June 2013
U.S. North American buyout shops raised $1.9 billion in investor commitments in early June, bringing the total for the year to $39.6 billion for buyout and mezzanine funds. At this point last year, firms had raised $74.5 billion.
1 min read · 17 June 2013
With the economy showing consistent signs of growth and government officials signaling a possible end to the policy of super-low interest rates, markets have responded with a series of nervous twitches that could mean higher costs for leveraged finance sooner rather than later.
4 min read · 12 June 2013