Eamon Murphy
Use of leverage depends on debt level of each portfolio firm Not seeing inflation in secondaries market Sees a number of large transactions in H2 2017 Benoît Verbrugghe is head of the New York office of Ardian, a fund-of-funds and one of the biggest secondary buyers. Ardian recently sold a significant chunk of its PE portfolio. Why was it […]
Leads PE and VC practice at accounting/tax/advisory firm Tech consulting to enhance access to portfolio company data 10 years in investment banking, left Bear Stearns in 2007 Before becoming a consultant, Jeremy Swan spent 10 years in investment banking, first with Bear Stearns and then with two small boutiques — none of which is still in […]
Warmbier was third-year student in commerce at UVA Was managing director, special situations group, at school’s Alternative Investment Fund Intended to go into investment banking Before he became a pawn in the high-stakes confrontation between Pyongyang and Washington, Otto Warmbier had his sights set on a career in finance. The 22-year-old University of Virginia student died on […]
This week's opportunities include analyst jobs with Morgan Stanley and Fortress Investment Group and associate positions at Samsung and Cain Brothers.
Bonderman stepped down after remark to fellow Uber director Huffington Next day, news broke that TPG retail investments leader Wheeler will depart TPG to name successor to Bonderman on the board With David Bonderman’s resignation from the board of Uber, TPG faces the challenge of replacing a founding partner in a supervisory role at a portfolio company in […]
This week's opportunities include a senior associate job at Z Capital Group, an investment analyst position at Partners Group, and a capital markets specialist role at Deutsche Bank.
Company offers labor-market data to PE firms Useful for companies expanding or facing high turnover Formerly PE-owned, now part of CareerBuilder Economic-software firm Emsi was founded in 2001 “to help community colleges struggling [to] defend their funding,” CFO Timothy van den Broek said. The firm now has entered the private equity space, using data to illuminate decisions […]
58 pct of investors expect to lift allocation to U.S. lower-middle-market direct lending AUM among global direct lending managers leaped from 2006 to 2016 6 of 10 largest allocators pension funds and insurers Direct lending continues to grow as an asset class in a persistent low-interest-rate environment, and investors are particularly interested in the lower-middle market. […]
Bill provision would exempt GPs from SEC registration Firms may not want to deregister in light of LP expectations Dodd-Frank overhaul faces long odds in the Senate, could be broken up The House of Representatives on June 8 passed the Financial CHOICE Act, vindicating a years-long effort by Financial Services Chairman Jeb Hensarling (R-Texas) to dismantle […]
Stresses importance of waterways, against Ohio River backdrop Praises Saudi King Salman, Blackstone’s infra-investing partner Repeated call for $1 tln total, with at least $200 bln of federal money President Donald Trump, speaking in Cincinnati, outlined his vision for an infrastructure overhaul, including at least $200 billion of direct federal spending. He repeated his call for generating a […]