Mike Anderson of Intermediate Capital Group looks at hidden dangers lurking in the capital structure of leveraged buyouts.
4 min read · 12 January 2013
Is the distressed pendulum swinging? Investors have recently been looking towards Germany for distressed debt investing—but, according to some in the space, the smart focus for bad debt investing is the US. By Aaron Lovell.
2 min read · 12 January 2013
Vittorio Pignatti Morano, Lehman’s former co-head of European M&A, has been appointed to head up the global investment bank’s European private equity activities.
2 min read · 12 January 2013
The profile of senior secured debt continues to increase in Europe and the UK as private equity firms target distressed opportunities. By Aaron Lovell.
2 min read · 12 January 2013
Although mezzanine remains the subordinated debt instrument of choice for many sponsors in Europe, life is tough for specialist providers today. But, as Joanna Hickey reports, the specialist funds remain upbeat – insisting that, with rising volumes, their sponsor relationships and their own adaptation to market changes, they are still getting enough work.
10 min read · 12 January 2013
In April, Private Equity International gathered together a group of leading European private equity professionals to reflect on deepening liquidity in the leveraged finance market. The rise of the institutional investor was a major talking point, reports Andy Thomson.
10 min read · 12 January 2013
WL Ross & Co.'s head and namesakeWilbur, Ross, is poised to strike each time an industry enters a downturn. Ken MacFadyen sat down with him to hear what lies on the horizon for one of the best-known trouble-seekers in the investment industry.
9 min read · 12 January 2013
KKR is about to test the market's appetite for listed LBO funds.
6 min read · 12 January 2013
Mike McCook charted a new course in real estate investment for the state retirement system. Will his successor continue his strategy?
6 min read · 12 January 2013
Kohlberg Kravis Roberts and Texas Pacific Group join a number of high-profile private equity firms looking towards the distressed sector with new hedge funds. By Aaron Lovell.
2 min read · 12 January 2013