Private Equity
Sankaty Advisors has been investing in collateralized loan obligations virtually since its establishment in 1998, but the firm, the credit arm of Bain Capital Partners LLC, is only now launching a fund dedicated to the strategy, a person with knowledge of the firm’s plan told Buyouts.
2 min read · 30 April 2013
Sensing a growing appetite for buyout deals in the tech sector, GE Capital Corp. is boosting its lending capacity in the category, an executive of the company told Buyouts.
2 min read · 30 April 2013
Deal activity has struggled so far in 2012. Is it a matter of deals getting pulled into the fourth quarter or a mismatch between what sellers demand and sellers will pay?
1 min read · 24 April 2013
Corporations have led the way in addressing environmental, social and governance issues, but the private equity community is catching up, says Lauren Koopman, a director in the sustainable business solutions team at the global accounting firm PricewaterhouseCoopers.
3 min read · 23 April 2013
At a time when the global brewing industry was undergoing rapid consolidation and internationalization, KPS Capital Partners LP collected a series of neglected and cast off beer brands, fashioning them into the No. 3 U.S. brewer.
4 min read · 22 April 2013
2 min read · 22 April 2013
U.S.-based buyout and mezzanine firms added nearly $5 billion to their coffers in the last fortnight, bringing their year-to-date fundraising total to $31.1 billion. The tally is slightly ahead of 2012’s pace, when firms had raised $29.6 billion by mid-April.
1 min read · 22 April 2013
With the banking crisis receding in the market’s rear-view mirror, Castle Creek Capital LLC is angling for ways to play the endgame of a federal program set up to protect the banking industry.
3 min read · 15 April 2013
With the rollout of its own private equity benchmark, the Institutional Limited Partners Association is seeking to give its members a measurement system that is “institutionally relevant,” said Michael Elio, the association’s managing director of industry affairs
3 min read · 11 April 2013
A former marketing executive has sued Cerberus Capital Management LP, accusing the New York mega-firm of retaliating against her and wrongfully firing her after she complained that marketing documents misrepresented a residential mortgage fund that she was selling. Cerberus called the allegations in the suit “without basis in law or fact.”
3 min read · 10 April 2013
