Private Equity
Glenn Youngkin and Kewsong Lee will take over in January as David Rubenstein and Bill Conway become co-executive chairmen.
2 min read · 25 October 2017
Demand for mid-market leverage included covenant-lite issuance reaching $3.8bn in Q3, almost overtaking the $4bn loaned in 2016.
2 min read · 23 October 2017
A higher carried interest ensures a better alignment between a GP and its LPs even if LPs end up paying more in fees.
2 min read · 22 October 2017
Private equity carve-outs of Japanese conglomerates has lifted Japan deal flow to a record $23.9bn in 2017.
1 min read · 19 October 2017
Brexit is a large contributor to challenges that have plagued Terra Firma’s portfolio company Four Seasons Health Care, he said at a PEI conference in New York.
2 min read · 18 October 2017
US GPs do not seem too concerned about a tax reform limiting interest expense deductibility.
2 min read · 12 October 2017
Industry practitioners agree the best managers in the lower mid-market are producing the best returns private equity can offer – but identifying those groups is not an easy task.
3 min read · 12 October 2017
Brightstar, founded by former Lindsay Goldberg partner Andrew Weinberg, has inked its second deal as a fund close looms.
1 min read · 10 October 2017
Details of the fund’s terms were revealed in documents prepared for Pennsylvania Public School Employees’ Retirement System.
2 min read · 09 October 2017
There were no shortage of takers for the debt financing backing the buyout of German drugs firm Stada, despite concerns over the structure.
3 min read · 05 October 2017
