Private Equity

Coronavirus

Eurazeo bets on strong cash position amid covid-19 uncertainty

The firm ended last year with €533m in cash, no structural debt and €3.8bn in dry powder.

2 min read · 16 March 2020

How private equity will fare in the covid-19 crisis

The industry learned some valuable lessons from the GFC, but this crisis will be different.

2 min read · 12 March 2020

Side Letter: Covid-19's effect on deals, Apollo travel ban, UK consultation

How coronavirus is hitting private markets across the world. Here’s today's brief, for our valued subscribers only.

5 min read · 12 March 2020

Apollo bans staff from international travel amid coronavirus pandemic – exclusive

The world's second-largest PE firm enforces a firm-wide travel ban in the wake of the coronavirus pandemic.

2 min read · 12 March 2020

Brookfield shelves asset sale due to coronavirus effects

The asset manager has pulled plans for either a private sale or IPO for an Australia-based coal export terminal amid travel restrictions and market volatility.

2 min read · 12 March 2020

Buyers question whether coronavirus triggers MAC clauses

Sponsors are also pushing for longer due diligence windows to account for disruption caused by coronavirus and to better understand its impact, a law firm has said.

3 min read · 12 March 2020

Repricing, hung deals loom as market woes leak into secondaries

The virus outbreak, which has hammered the broader economy for several weeks as business activity slows, is causing sellers to delay bringing secondary deals to market.

3 min read · 11 March 2020

Covid-19 checklist: Five areas of fund operations to consider

Lawyers from Paul Weiss pinpoint the areas of a private equity firm's operations that may need to be adjusted to account for the coronavirus outbreak, including fund documentation, valuation and banking relationships.

5 min read · 11 March 2020

Side Letter: MAC clauses and virtual meetings, Golden Gate's secondaries play, Actis's impact

MACs may become the order of the day depending on how the coronavirus outbreak continues. LPs and GPs are also discovering the joy of video conferencing. Plus: a Golden Gate portfolio company is tapping the secondaries market and Actis has spelled out its impact credentials. Here’s today's brief, for our valued subscribers only.

4 min read · 11 March 2020

PE firms scramble to organize virtual annual meetings as virus spreads

Happily, most private equity firms today are equipped to tackle meetings with portfolio companies, bankers and limited partners virtually.

3 min read · 10 March 2020

Showing 291 to 300 of 307 results