Private Equity
Rising interest rates are likely to lead to an increase in credit defaults and delinquencies later this year, but their impact will be modest by historical standards, according to market watchers at Moody’s Investors Service Inc.
2 min read · 31 July 2013
An indefatigable promoter of the private equity industry on social networks has moved to his next gig.
3 min read · 29 July 2013
Fifth Street Management is moving up the capital stack.
2 min read · 29 July 2013
Prices eased on target companies in the second quarter, and sponsor contributions also declined, according to the latest quarterly data from the Leveraged Commentary & Data division of S&P Capital IQ.
2 min read · 29 July 2013
U.S. buyout shops raised $12.8 billion in the latter part of July, bringing the industry’s total buyout and mezzanine funds raised so far this year to $89.9 billion. At this point last year, the industry had won $92.2 billion in investor commitments.
1 min read · 29 July 2013
Midwest Mezzanine Funds has raised roughly $70 million for its fifth subordinated debt vehicle, regulatory filings showed. A person familiar with the effort said the Chicago-based lender is targeting an ultimate $200 million for the fund, which is being raised via two parallel structures.
2 min read · 22 July 2013
2 min read · 15 July 2013
The backer of the top buyout fund in the Buyouts historical performance database, turnaround investor Wingate Partners is coming to market for its fifth bite at the apple.
2 min read · 09 July 2013
With two deals announced in the past month totaling $1.4 billion, Thoma Bravo LLC is returning to the fundraising market scarcely 18 months after it raised its last flagship fund.
3 min read · 05 July 2013
Top military leaders may not have a lot of experience in constructing financial deals, but their leadership skills and strategic thinking abilities could be valuable assets for U.S. buyout shops, executive recruiters say.
4 min read · 01 July 2013