Private Equity
Buyout firms are fortifying their marketing and investor relations teams, and those executives are landing pretty solid salaries.
3 min read · 15 October 2012
Seizing the opportunity to raise new money in a low-rate environment, business development companies are issuing new equity and debt and taking other steps to shore up their financial positions.
3 min read · 15 October 2012
While all for aligning their interests with those of limited partners, buyout pros will have to hope that the exceptionally LP-friendly partnership terms offered by Public Pension Capital Management don’t spread too broadly. Then again, most funds don’t present investors with quite the risks that this particular debut offering does.
4 min read · 01 October 2012
Joncarlo Mark remains convinced that the world is ready for an even more vigorous secondary market for limited partnership interests.
2 min read · 01 October 2012
U.S.-based buyout and mezzanine shops have secured about $129.5 billion in its fundraising efforts through the first nine months of 2012. In addition, disclosed deal volume is around $57.6 billion through Sept. 17.
1 min read · 01 October 2012
Card-payment processors, long a darling of the buyout business, may be losing their luster, market watchers tell Buyouts.
4 min read · 01 October 2012
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
