Private Equity
Buyout pros have felt like political punching bags in the wake of the financial crisis, with legislators and regulators imposing unprecedented new obligations, but as the clock winds down on 2013, a series of votes in Congress and at the Securities and Exchange Commission are giving the industry some encouragement that 2014 may be a better year.
4 min read · 17 December 2013
A flurry of recent initial public offerings has paved the way for successful exits for the sponsors of the some of the biggest leveraged buyouts of the past decade, but the fate of the remaining handful of companies in private equity portfolios remains uncertain at best.
3 min read · 17 December 2013
Buyout pros often torpedo their own deals because of a lack of emotional intelligence and a failure to build rapport with those on the other side of the negotiating table, says David Solomon, the CEO of Lazard Middle Market.
2 min read · 16 December 2013
As it wraps up raising its 11th flagship fund, focused primarily on North American buyouts, Bain Capital LLC is turning its attention to its next European fund.
2 min read · 16 December 2013
High Road Capital Partners, a New York-based buyout shop founded by a group of investing pros from The Riverside Company, has received a much warmer reception for its sophomore fund than it did for its predecessor.
2 min read · 16 December 2013
4 min read · 16 December 2013
Investors are becoming more comfortable with Sankaty Advisors’ approach to mid-market lending, Michael Ewald, managing director at Sankaty, told Buyouts after the firm closed its second dedicated fund at nearly $1.4 billion.
2 min read · 13 December 2013
Bain Capital may well have had its finest moment in turning around the performance of its ninth fund, an $8 billion pool invested speedily during the pre-crisis days of late 2006 and 2007. The successor pool, whose investment period straddled the financial crisis, has been a more complex story to tell. But the buyout shop believes that investors will still end up multiplying their money two and a half times.
6 min read · 09 December 2013
After two years of sluggish deal making in the technology industry, participants in a survey are “modestly bullish” that the pace of mergers and acquisitions will pick up in 2014, according to a report by the law firm Morrison & Foerster.
2 min read · 09 December 2013
4 min read · 02 December 2013
