What does the Internal Rate of Return of a private equity fund tell you? Or better, what do you think it tells you? Private Equity International takes a closer look at what IRR is and what it isn't.
10 min read · 11 January 2013
The history of the US private equity market's love affair with Private Investments in Public Equities is as short as it is sordid. David Snow looks at what's gone wrong.
6 min read · 11 January 2013
When European issuers default on high yield debt, bondholders' claims may be worth very little.
3 min read · 11 January 2013
News: Funds 2002-02-01 Staff Writer <b>€2bn Advent fund to focus On Europe</b><br />Advent International intends to invest 70 per cent of Global Private Equity IV, its new €2bn buyout fund, in Western Europe, with the balance going to North America and Asia.<br /><br />?Europe i
9 min read · 11 January 2013
The $50M German corporate venture operation is looking to bolster the logistics services of its parent business Deutsche Post World Net.
2 min read · 12 January 2013
Up to 80 per cent of the economic capital put into an LBO doesn't come from private equity funds: it is provided by banks as debt. Given the pivotal role leverage has to play, what's the present state of the leveraged finance market? Robin Burnett reports.
8 min read · 12 January 2013
US buyout firms are cash rich and pricing looks sweet, but unless the debt markets reopen, dealmaking will remain slow, writes David Snow in New York.
5 min read · 12 January 2013
Private Equity International's deal mechanic takes a look under the bonnet of the buyout of Yell, a deal that may yet emerge as European LBO of the year.
4 min read · 12 January 2013
The beleaguered fund plans to cease all activities in December 2004 but in the meantime has law suits, restructurings and attempted exits to sort out.
3 min read · 11 January 2013
Down Rounds Syndrome: A Roundtable Discussion 2001-11-23 Staff Writer <i>This week Letter from America is by David J. Blumberg of Blumberg Capital.</i><br><br><a href=http://www.privateequityonline.com/LetterAmerica.asp?ID=1851>Part 1 of this article</a> looked at "Down
10 min read · 11 January 2013