Hints and tips:
Related Special Reports
...By contrast, higher interest rates have created new challenges for traditional corporate buyouts....
...Hedge funds are challenging private equity firms over restrictions that dictate who can lend to or buy the debt of buyout-backed companies, weighing legal action to capitalise on a surge in corporate distress...
...It is also in talks to enter Saudi Arabia through a local partner....
...KKR runs more than $500bn across corporate private equity investments and strategies focused on loans, infrastructure and real estate....
...Linklaters has elected 27 new partners globally, with the majority falling within the law firm’s corporate division....
...“There have been fewer LBOs and therefore less new loan volume,” said Michael Patterson, a governing partner at asset manager HPS Investment Partners....
...That right is threatened when bankruptcy insiders and big corporate debtors manipulate the rules and get to freely choose the venue where the case is filed and dealt with....
...Disney is facing proxy battles with Nelson Peltz’s Trian Partners and Blackwells Capital, which are seeking board seats and other changes aimed at boosting its share price....
...corporate balance sheets to insurers in the coming years....
...KKR is building its investment operations in infrastructure and property and is preparing to launch new flagship corporate buyout funds in the US and Asia....
...According to Centerview Partners, Trian’s three-year annualised returns up to September 30 were 3 per cent, trailing the equivalent of 10 per cent for the S&P 500....
...Take Vista Equity Partners’ recapitalisation of fintech group Finastra, for example....
...China Merchants, a medium-sized bank, said at its third-quarter analyst conference that manufacturing loans comprised 46 per cent of its corporate loan disbursements this year....
...The business would expand Citi’s business in China, which already includes corporate lending and other banking services....
...The battle comes as Disney faces scrutiny from investors and corporate governance experts over its succession planning....
...Managers return far less cash to limited partners. They then cannot recycle money back into funds....
...Instead, Ubben last week told investors that his Inclusive Capital Partners would wind down and return cash to investors....
...That has changed in recent months, with two of Blackstone’s largest rivals in the space — HPS Investment Partners and Blue Owl — already issuing CLOs backed by large private loans....
...Corporate governance experts have accused Disney’s board of being too cosy with Iger, granting him contract extensions in 2013, 2014 and 2017....
...CVC plants its flag on a €26bn peak CVC Capital Partners managing partner Rob Lucas has climbed some of the world’s tallest mountains....
...“In any organisation when you have transition to a new leadership it’s complicated to have the old leaders hanging round,” observed the Sequoia LP....
...“Money drives everything,” says Hugh Brown, global head of financial services at BSR, a corporate social responsibility advisory group....
...The announcement from Wells comes days after Société Générale announced it would partner with asset manager Brookfield on a private credit fund....
...You know, I think that yes, obviously Xi is the boss....
...In the more than decade-long period of low interest rates, the average buyout fund returned around 18 per cent, according to data from Adams Street Partners....
International Edition