Private Equity
2 min read · 25 February 2013
After five years of struggle to stabilize its floundering member states and its common currency, Europe appears to be on the verge of a comeback.
4 min read · 25 February 2013
Marco De Benedetti, a managing director and co-head of European buyouts at The Carlyle Group,
3 min read · 25 February 2013
2 min read · 25 February 2013
As Oaktree Capital Group LLC gears up for its next control investing fund, its chairman joined a small but growing chorus of general partners complaining about generous preferred returns for investors. However, he acknowledged such fundraising provisions are unlikely to swing back the GPs’ way any time soon.
2 min read · 14 February 2013
3 min read · 11 February 2013
Even though large syndicated mega-deals have fallen out of favor since the financial crisis, dealmakers at Kohlberg Kravis Roberts & Co. remain confident of their ability to mount a major buyout—but not necessarily in cahoots with other sponsors.
2 min read · 07 February 2013
KPS Capital Partners LP is poised to pay itself and investors a hefty dividend from Waupaca Foundry Inc., an automotive parts company that the New York buyout shop acquired last summer. Ratings agencies affirmed the carveout’s overall financial health, although one worried about the specific term loan that the borrower is upsizing.
3 min read · 05 February 2013
The Blackstone Group LP expects to step up its returns to investors this year, but the firm faces challenges in doing new deals, executives said Thursday as the New York mega-firm reported earnings that topped Wall Street’s expectations.
3 min read · 31 January 2013
Mary Jo White has built an extensive record as a federal prosecutor and criminal defense attorney, but little in her background provides an indication how she will approach questions involving private equity if she becomes the chairwoman of the Securities and Exchange Commission. That said, she did play a prominent role in one portfolio company’s struggles.
3 min read · 29 January 2013
