Private Equity
<p>The conventional wisdom is that private equity investing in Russia is a risky business. </p> <p> </p>
3 min read · 04 February 2013
<p>PEO is disappointed to be feeling curmudgeonly this week. </p> <p> </p>
3 min read · 04 February 2013
<p>The summer of 2004 saw a plethora of US private equity firms rushing to create “business development companies” – publicly traded vehicles that place debt and equity with private companies. </p> <p> </p>
2 min read · 04 February 2013
<p>It’s already the stuff of City legend: some ten years ago, Guy Hands came from nowhere and rocked the boat by using securitisation as a funding instrument in leveraged acquisitions. </p> <p> </p>
3 min read · 04 February 2013
<p>Everyone in Western private equity now appears to agree that an “Asian strategy” is indispensable to future growth. What is not yet clear, even after two decades of Western private equity presence in Asia, is which path to Asia is best. Let’s review the contenders.</p> <p> </p>
2 min read · 04 February 2013
<p>According to some, private equity’s shadow is being cast over public companies that as a result are now facing the prospect of an unprecedented brain drain as their most able managers disappear behind the closed doors of a fund. </p> <p> </p>
3 min read · 04 February 2013
<p>Investors in private equity worry about many things. For instance: will the mounting wave of money kill returns in the asset class? Or: have I picked the right funds? Or: what are management fees doing to manager motivation? And: are club deals good or bad?</p> <p> </p>
3 min read · 04 February 2013
<p>The private equity mega-pond is getting bigger, and the California Public Employees’ Retirement System (CalPERS) wants to remain a big fish within it. The California pension, according to an agenda item on its website, has agreed to commit a whopping $750 million to the latest offering from Apollo Management. </p> <p> </p>
2 min read · 04 February 2013
<p>For private equity firms, exits via IPO can be great. A successful floatation of a portfolio company at an attractive valuation will get the champagne corks popping, especially if the share price climbs in the aftermarket. </p> <p> </p>
3 min read · 04 February 2013
<p>A placement agent and friend of PEO once summed up the two commandments of his sales team as such: “Be popular, and don’t smell”.</p> <p> </p>
2 min read · 04 February 2013
