Steve Bills
The haircut could be fairly severe for the backers of history’s largest buyout — pretty much a buzz cut, actually.
Readers of peHUB aren't worried so much that rising interest rates will hurt the economy, but they are concerned that continuing low rates will lead to a damaging credit bubble.
The Carlyle Group is arguing that the Fed is likely to try to keep rates lower for longer than anyone is anticipating. What do you think?
Often when we conduct these reader surveys at peHUB, we get runaway results, often (as I have frequently suspected) because the common background of our readers in the alternative investing arena leads them to share common views of issues in the news. Not this time.
With the dismissal in August of Thomas H. Lee Partners LP from an antitrust lawsuit accusing major buyout firms of improperly colluding on take-private deals, seven firms remain as defendants. Where do you think the case ends up?
The BDC industry is likely to continue to expand as banks shift away from risky cash-flow loans, and non-traded BDCs capture a growing share of that expansion, Robert K. Grunewald, CIO of non-traded Business Development Corporation of America (BDCA), told peHUB sister magazine Buyouts.
With Europe’s economy continuing to struggle and lenders on the Continent constrained in lending for deals, specialty finance company Crystal Financial sees an opportunity, Colin P. Cross, a senior managing director, told sister magazine Buyouts.
Leveraged lender NXT Capital LLC has raised $283 million for a new loan fund earmarked to finance sponsor-backed deals, sister magazine Buyouts reported.
The prolific tweeter known as @PE_Feeds has left his position in private equity advisory to tackle the startup world.
In the evolving market for secondary sales of aging private equity portfolios, it is likely to take some time before dealmakers figure out approaches that will be relatively standardized, consistent and fair, says Trey Muldrow, an attorney at Akin Gump