The next era for the private equity industry will see leading firms focusing on enhanced client services and shoring up investments and their investor base, rather than pursuing new mega-deals, says Jack Klinck, executive vice president and global head for State Street Alternative Investment Solutions.
6 min read · 08 February 2013
Susan Saidens, a principal at SMS Valuation and Forensic Services, examines a hypothetical middle-market private equity group to determine how accounts receivable fair value should be determined.
3 min read · 08 February 2013
The US banking regulatory has softened some of the rules it would impose on private equity firms that want to invest in struggling banks.
2 min read · 08 February 2013
Europe’s high yield uptick may offer improved prospects for LBO refinancings, writes Andy Thomson.
2 min read · 08 February 2013
HarbourVest Partners, the Boston-based mainstay of private equity, has witnessed some major ups and downs in almost three decades of involvement in the asset class. Brooks Zug (above), Martha Vorlicek (right) and John Toomey (above right) met with Christopher Witkowsky to explain the firm's philosophy, its views on terms and conditions, and its belief that a scaled-down industry means scaled-up returns
10 min read · 08 February 2013
The buyout of Oriental Brewery is a sign that debt provision for large deals is still available from Asian banks – with Korean lenders to the fore
2 min read · 08 February 2013
Junior lenders have been forced to appreciate the difference between US and UK bankruptcies
2 min read · 08 February 2013
Signs of increased appetite for high yield have come at just the right time
2 min read · 08 February 2013
The world this month 2009-09-01 Staff Writer <strong>PLACEMENT BAN PROPOSED</strong><br> The US Securities and Exchange Commission has unveiled proposed rules that would, among other restrictions, ban private equity firms from hiring placement agents to raise money from public pensions. Th
5 min read · 08 February 2013
The Chicago Transit Authority, the second largest mass transit agency in the US, is looking for private sector partners to fund capital expenditures for an open fare payment system for its 2,222 buses and 8 subway lines. The winning bidder may be given the exclusive right to collect money from the CTA’s 500,000 annual patrons.
2 min read · 08 February 2013
