Steve Bills
Card-payment processors, long a darling of the buyout business, may be losing their luster, market watchers tell sister magazine Buyouts.
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.
America’s buyout shops aren’t exactly falling over one another to take advantage of liberalized rules for marketing their funds, fund sponsors and market watchers told sister publication Buyouts.
Mezzanine financing could be a winner in the Libor scandal, according to Evan J. Segal, an entrepreneur and author.
Babson Capital Management LLC is returning to the business of making senior loans for leveraged deals, executives of the lender told sister magazine Buyouts, citing growing demand from financial sponsors and investors.
THL Credit Advisors LLC, the lending affiliate of Boston buyout shop Thomas H. Lee Partners LP, is planning to beef up its presence in Chicago following an acquisition there.
Lawsuits are likely to continue for years to come, and don’t be surprised to see some sponsors take part
Company plans to build up its team in anticipation of an upswing in deal activity
As presidential candidates argue about the role of private equity on the economy, Moody’s Investors Service Inc. has this to contribute: LBOs don’t make credit defaults worse, as sister publication Buyouts reported. Perhaps most relevant, the share of defaulting companies that go straight to liquidation is half the rate for sponsor-backed companies, at 9%, compared […]
Could KKR, which has struck gold with natural gas deals, finally suffer because of its affiliation to Chesapeake?