Hints and tips:
...In today’s newsletter: Kirkland & Ellis confronts a dealmaking slowdown The PE dealmaker who’s everywhere right now KKR jumps on a deal Carlyle snubbed QE+PE= K&E Chicago law firm Kirkland & Ellis has...
...The same dynamic is at play with climate VCs nursing along start-ups that would theoretically be ready for PE ownership eventually....
...Durban and Mondre told DD’s Antoine Gara in an interview they are halting such investments and refocusing their efforts on bigger, more complex deals where the New York and California-based PE firm has made...
...She joins from Paul Weiss. ICONIQ Growth has appointed Rob Bernshteyn as a general partner. He was formerly CEO of Coupa Software....
...He joins from Paul Hastings. Real estate group Hines has appointed ex-Carlyle partner Paul Ferraro as head of its global private wealth solutions strategy....
...“They are now discovering that PE is no magic bullet and liquidity does matter for investors with a sizeable payout requirement.”...
...In effect it’s a kind of public family office for Paul Pindar (and his son) who founded outsourcing specialist Capita....
...PE giants Blackstone and KKR are also in the process of raising new flagship funds....
...Kirkland & Ellis has hired Paul Sandler as a partner in the debt finance group. He joins from Paul Weiss....
...Top corporate lawyer Scott Barshay of Paul Weiss noted Delaware had become particularly tough with controlling shareholders, including Musk....
...PE firms already use NAV loans to fund dividends to investors or finance acquisitions, but are novel as a deleveraging tool....
...PE transactions totalled $393bn so far this year, a 41 per cent decrease compared with the same period last year....
...If you ask Marshall Wace co-founder Paul Marshall, however, that business model may be getting out of control....
...Yet PE firms are now making serious efforts to position themselves as sustainability leaders....
...That’s difficult for a private individual,” says Pauls....
...Paul Hastings has hired Kirkland & Ellis’s John Budetti as a partner in New York and global chair of the investment funds and private capital practice....
...As your average PE bro knows as much about script development as they do about belly dancing, they saw that famous faces usually do well and started backing celebrity-led production companies....
...Perhaps most interestingly, the study found that the pay for CEOs at PE-backed companies was highly lucrative, when including a customary 2 to 4 percentage points of company equity....
...Letter in response to this article: The right lessons to take from the LDI debacle/From Paul Dixon, Independent Consultant and Trustee London Investment Office London SW3, UK...
...Earlier this year, former IMM PE director Paul Kang and former Apple strategic deals manager Hansol Kim co-founded Bricks Capital Management, a private equity start-up seeded by leading Korean companies...
...Big-ticket catalogues sold in recent years include those from Taylor Swift, to Paul Simon, Neil Young, and Bob Dylan....
...sponsors and review strategic alternatives”, will be composed of the group’s six existing independent directors, who include Tiga Investments founder Raymond Zage and the former Noble Group executive chair Paul...
...Eduardo Gallardo has joined Paul Hastings as global co-chair of M&A. He joins from Gibson, Dunn & Crutcher....
...Broker consensus is for Keywords’ earnings per share to rise to 119p in 2024, giving a 2024 PE of 22....
...Bajazet is one of the first great roles for a tenor and Paul Nilon attacked it with unbuttoned commitment at the price of some less than beautiful singing....
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