Hints and tips:
Related Special Reports
...BDO last year took an alternative approach, opting to convert to an employee-owned corporation, funded by private debt....
...’s expertise in credit markets....
...KKR was also holding talks with large corporations and other private equity buyers about potential asset sales, they said....
...Speakers include Carlos Fávaro, the minister of state for agriculture and livestock and Cláudio Castro, governor of the State of Rio de Janeiro. Register now to receive a discount....
...the chair of the Federal Deposit Insurance Corporation has warned....
...Private equity’s newest gold rush Private equity groups have turned to novel deals where they can create large companies almost out of thin air....
...These vehicles are called business development corporations, or BDCs....
...He previously worked at UBS and Credit Suisse. Deutsche Bank has promoted William Mansfield to head of Emea mergers and acquisitions....
...Under transferability, developers can sell tax credits to any corporation and use the cash to offset the high upfront costs for building projects....
...Americans are increasingly happy about the economy but reluctant to give credit to Joe Biden, according to a new poll for the Financial Times....
...Pre-funded CLNs are part of a comprehensive risk management strategy that allows banks to utilise more than just equity capital to cushion against credit losses....
...Last year, Wells Fargo signed a deal to lend billions to a new credit fund run by Centerbridge, a $40bn private equity firm that led the buyouts of restaurant chain P.F....
...One scoop to start: Former Credit Suisse boss Tidjane Thiam has been embroiled in a bitter dispute with his Spac partner Edward Zeng, after the Chinese entrepreneur’s firm sued Thiam’s company for allegedly...
...The lack of deals and an avalanche of money that has poured into credit markets is beginning to relieve headaches across the private equity world....
...Goldman has earmarked its alternative assets business, which includes areas like private equity, private credit and infrastructure, as a priority for growth....
...The asset manager is among rumoured bidders for Pension Insurance Corporation, a UK insurer that purchases and manages corporate pensions....
...They make other, equally unjustifiable, arguments for not increasing their equity capital, such as that it will somehow result in less credit and less lending being made available, hurting the overall economy...
...We also learnt that tangible common equity is the only kind of loss absorption that is real during a market meltdown....
...to buy the lender from the Federal Deposit Insurance Corporation....
...In 2009, Mnuchin led a group of private equity investors that bought IndyMac, a mortgage lender that failed in the 2008 financial crisis, from the Federal Deposit Insurance Corporation....
...It was a similar story among non-financial corporations where outstanding bonds reached a record $16.6tn in 2021, more than double the amount in 2008....
...New York hedge fund Elliott Management is best known for hardball tactics that have seen it take on governments and large corporations....
...Put another way, in a world where liquidity is everywhere, changes in the money supply don’t signal much about the availability of credit....
...Talking to people across the industry — direct lenders, managers of business development corporations, and so on — one idea that keeps coming up is that private credit investors are protected by large equity...
...There’s also the question of whether it’s worth extending credit given the possibility of fan protests when the bank cracks down on a club that falls behind on payments....
International Edition