Private Equity
Double dip or no double dip, backers of U.S. turnaround shops are gearing up for an increase in financial distress. At least 14 such funds are, or have recently been, in the market this year, seeking to raise $27.3 billion, according to Thomson Reuters data.
2 min read · 03 September 2012
Buyout industry watchers say change is likely to come slowly in the fundraising market, even though the Securities and Exchange Commission has proposed rules to ease marketing restrictions that date back nearly 80 years.
4 min read · 29 August 2012
1 min read · 13 August 2012
2 min read · 13 August 2012
2 min read · 13 August 2012
3 min read · 13 August 2012
Count the growth equity firm Summit Partners among those raising new funds to meet the credit needs of portfolio companies. The Boston-based firm announced Aug. 1 that it had closed a $520 million credit fund, well ahead of the vehicle’s $300 million target.
3 min read · 02 August 2012
2 min read · 30 July 2012
Babson Capital Management LLC is returning to the business of making senior loans for leveraged deals, executives of the Springfield, Mass., lender told Buyouts, citing growing demand from financial sponsors and investors.
3 min read · 30 July 2012
2 min read · 30 July 2012