peHUB Second Opinion 9.4
Happy Labor Day Weekend! Behind KKR's Ugly Real Estate Bet: "As part of its restructuring, Warren Buffett is doing a dance on Capmark's grave." (DealJournal) Private Equity Waits Out the Feds: More problem banks and less FDIC money mean tough takeover rules could eventually be loosened. (BusinessWeek) Speaking of KKR: The firm was poised to earn a return on the sale of Sun Microsystems to Oracle, but anti-trust concerns have made that less likely. But Deal Journal believes Europe will not block the deal. (DJ) The Gates Are Down: Well, the bad news for Cerberus continues. The firm has apparently barred investors in two new hedge funds from withdrawing money for three years. (FT)
4 September 2009•2 mins read
