Private Equity
As they look forward to their first reviews by federal securities examiners, buyout firms should do all right so long as they can document that they have established the proper policies and procedures to comply with the law and that they are actually following them, lawyers say.
4 min read · 21 September 2012
Partners Group AG plans to use its new €375 million ($483.7 million) credit vehicle to fill a gap in leveraged lending, and in its investors’ portfolios. But it doesn’t plan to take advantage of financial distress in European markets.
3 min read · 17 September 2012
TPG Credit is closing in on its $1 billion cap for its sophomore credit strategies fund, doubling the commitments for its inaugural fund, according to a regulatory filing. The team managing the fund has expertise in mid-market distressed corporate debt, non-performing loans in Europe and the acquisition of used aircraft.
2 min read · 17 September 2012
The revival of the collateralized loan obligation market continues apace, with at least two new CLOs closing in the past two weeks, their managers announced.
2 min read · 17 September 2012
America’s buyout shops aren’t exactly falling over one another to take advantage of liberalized rules for marketing their funds, according to fund sponsors and market watchers.
3 min read · 13 September 2012
2 min read · 03 September 2012
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
