KKR related stories
All articles and analysis
TPG mulls £11bn Virgin Media bidUS buyout firm TPG is considering a bid for cable broadband company Virgin Media. It is also lining up its first Russian deal.
- KKR entity hires Sossen from Simpson Thacher
Andrew Sossen, who represented KKR Financial in its $900m IPO last year while with Simpson Thacher, will become the REIT’s new general counsel.
- KKR eyes Macy’s(2)
As Macy’s deals with sluggish sales, Kohlberg Kravis Roberts is reportedly looking to take the US department store retailer private in a $24bn deal.
- Debt crisis turns back the clock to June 2006
A senior leveraged buyout banker has warned cov-lite deals will cease to exist as lenders will refuse to accept loans on terms offered by buyout firms. Mid-market firms are seeing deals fall through as creditors push the price of debt back up.
- LBO giants launch PR offensive in Germany(3)
Hanns Ostmeier has stepped down from The Blackstone Group to chair the German Venture Capital Association’s new mega-buyout platform.
- AVCAL says “economic xenophobia” in decline(3)
Katherine Woodthorpe, chief executive of the Australian Private Equity and Venture Capital Association, has said Australian “economic xenophobia” has lessened after the Australian Senate’s inquiry into private equity.
- Seconds out… Round Three(2)
As four more buyout bosses and two influential third parties go before the UK Treasury Select Committee, the industry hopes for a further damage limitation exercise. James Taylor reports.
- KKR to compete with investment banks(3)
One of the biggest fee-payers on Wall Street, IPO-bound KKR plans to increase revenue by cutting out investment banks as syndication middlemen.
- Doughty Hanson strives for investor friendly €1bn public fund
The buyout firm is the third to turn to public investors for cash and hopes to stimulate investor appetite with an innovative structure mitigating the worst features of quoted private equity funds.
- Bernanke: credit worries affecting LBO market
US Federal Reserve Chairman Ben Bernanke told Congress that financing activity in bond and business loan markets remains brisk, despite widening credit spreads and tightening of terms for leveraged business loans.