Bain Capital related stories
All articles and analysis
- Fundraising: A Pause or a Shutdown?
A couple of weeks ago, TechCrunch wrote a piece that asked whether venture firms could count on their LPs -- considering that a lot of wealthy individuals are now watching their net worth slip away like sands in an hourglass. Today I discussed that scenario with Mac Hofeditz, a partner with San Francisco-based fund placement firm Probitas Partners. We also talked about fund-raising activity, and what the credit crunch and acne have in common (he said it, not me). Read the Q&A after the jump.
- Lehman VC unit to possibly spin out
Lehman's investment management division sells to Bain Capital and Hellman & Friedman for $2.15B
Leverage Drought Sends Deal Volume LowerThe lack of senior financing continued to deflate deal volume in the third quarter, as many buyout firms confined themselves largely to small add-on deals.
- PE Week Wire: Friday, October 3, 2008
Random Ramblings
- PE Week Wire: Friday, October 3, 2008
Random Ramblings
- Lehman Statement on Direct PE Biz
Lehman Brothers just issued a statement on the status of the investment management groups that are not included in the proposed sale /18864/breaking-bain-hellman-friedman-buying-lehman-investment-management/ to Bain Capital and Hellman & Friedman. It doesn’t shed much light, although it also doesn’t discourage widespread speculation that the groups will soon transform themselves into independent entities. Here it is: As specified in a recent press release, the proposed sale of Neuberger Investment Management and several related asset management business units to Bain Capital Partners, LLC and Hellman & Friedman LLC does not include Lehman Brothers' major direct private equity businesses such as Merchant Banking, Real Estate, Venture Capital and MLP. However, the investment teams for these funds remain intact and focused as we actively pursue the best strategic alternatives for these businesses going forward. As always, a primary consideration is the best interests of our investors. While we wait for definitive plans, there are still a pair of questions worth pondering: 1. What will happen to each fund's uncalled commitments from Lehman Brothers? For example, the dearly-deceased bank promised