The ongoing deterioration of the worldwide credit markets has led to the prospect of some private equity-owned companies becoming worth less than the value owed to creditors.
3 min read · 12 January 2013
The ongoing deterioration of the worldwide credit markets has led to the prospect of some private equity-owned companies becoming worth less than the value owed to creditors.
3 min read · 12 January 2013
In a memo to investors, Oaktree head Howard Marks cites runaway leverage and fair value accounting as primary culprits in a ‘broad-gauged and systemic’ crisis.
2 min read · 12 January 2013
In a memo to investors, Oaktree head Howard Marks cites runaway leverage and fair value accounting as primary culprits in a ‘broad-gauged and systemic’ crisis.
2 min read · 12 January 2013
The UK mid-market firm secures its third deal since the credit crisis engulfed the buyout industry, taking its deals' total enterprise value to £250 million.
2 min read · 12 January 2013
Unable to stabilise its financing, the credit-focussed affiliate of buyout giant The Carlyle Group has resigned itself to liquidation by creditors.
2 min read · 12 January 2013
Unable to stabilise its financing, the credit-focussed affiliate of buyout giant The Carlyle Group has resigned itself to liquidation by creditors.
2 min read · 12 January 2013
The Canada Pension Plan Investment Board has teamed up with Blackstone and a Canadian telecom company to bid in an upcoming spectrum auction. The consortium has deposited $340 million toward that end.
2 min read · 12 January 2013
The Canada Pension Plan Investment Board has teamed up with Blackstone and a Canadian telecom company to bid in an upcoming spectrum auction. The consortium has deposited $340 million toward that end.
2 min read · 12 January 2013
A report from PricewaterhouseCoopers describes an increased LP appetite for real estate, particularly in Asia, but also warns that one-fifth of investors are looking to decrease their exposure to the asset class amid a shrunken asset base.
2 min read · 12 January 2013
