The Big Picture

APRIL 18, 2023

In the short run, there can be distortions in public market valuations as we saw in 2001 and we saw prior to that in 2007, and prior to that in 2000, in ‘99. You know, we bought Hilton in June of 2007. RITHOLTZ: — firms or private equity firms? BARATTA: Yeah. The first job for Morgan Stanley was McCown De Leeuw. BARATTA: Yeah.

Private Equity Firms 64

Private Equity Firms Private Equity Firms Assets Financing 64

The Big Picture

APRIL 4, 2023

And what was fascinating about Drexel and kind of the diaspora, if you will, of that era was that we all basically went out looking to take that experience, particularly in high yield and kind of buyouts and financing, and do it at either banks or other investment banks. KENCEL: It’s the investment banking affiliate.

Private Equity Firms 59

Private Equity Firms Private Equity Firms Financing Finance 59

The Big Picture

JANUARY 9, 2024

But there’s also a lot of, like at Wittel, you know, I was at Wachtel in 2005 to 2007, so really near the peak of a big merger’s boom. It was underwriting, you know, it was like doing investment banking, underwriting public offerings. So like if you’re a fancy corporate lawyer, you wanna be an investment maker.

Mergers and Acquisitions 52

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The Big Picture

SEPTEMBER 26, 2023

I found this to be just a masterclass in everything you need to know about distressed credit investing, private credit, the role of the economy, the fed interest rates, inflation, bottoms up, credit picking, and how to manage a firm and a fund in light of just massive dislocations in your space, as well as the overall economy.

Private Equity Firms 52

Private Equity Firms Private Equity Firms Debt Banks 52

Private Equity Insights

OCTOBER 30, 2023

Alo Yoga founders Danny Harris and Marco DeGeorge have hired investment bank Moelis to advise on options that include selling a stake in the company, the sources said. It was founded in 2007 and has more than 50 stores in the U.S. and several international locations.

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Initial Public Offering Private Equity Firms Private Equity Firms Stakes 130

The Big Picture

DECEMBER 14, 2022

One, as an investor, the importance of buying super high-quality assets, putting resilient capital structures in place, having access to reserves, so that in a moment where you need to invest more capital in your transaction or where you need to, we have an opportunity, I should say, to buyback debt at a discount. RITHOLTZ: Of course.

Assets 64

Assets Mergers and Acquisitions Capital Portfolios 64

The Big Picture

APRIL 11, 2023

And as you well know, in 2007, accountants fixed what I thought was a horrendous mistake — RITHOLTZ: Right. RITHOLTZ: Not the debt. DAMODARAN: The write-offs are going to be the banks writing it off. They were older, you know, companies that were over the hill in terms of their business models.

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Education Financing Finance Taxes 119

The Big Picture

MARCH 12, 2024

So that, that sort of put Amherst on a different pact because prior to that, our core business model was investment banking, brokerage market making, and underwriting. You have to have a debt load below a certain level, or the price for you is zero. My family and I moved to McLean, Virginia in, in 2008.

Hedge Funds 59

Hedge Funds Banks Assets Due Diligence 59

The Motley Fool

MAY 22, 2024

By the start of 2007, the S&P 500 had increased more than 25% since the start of Bush's presidency. The stock market peaked in mid-2007 and investment banks Bear Stearns and Lehman Brothers collapsed the following year, leading to the Great Recession. ^SPX Yet, storm clouds were gathering.

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The Big Picture

JANUARY 23, 2024

I grew up a political junkie, worked on senate races and governor’s races, and had the really good fortune of linking up with Barack Obama in 2007. And then in 2007 got recruited into Obama and that’s when I moved to DC Barry Ritholtz : 00:05:43 [Speaker Changed] Huh. I lived in Rhode Island working for a senate race.

Startups 52

Startups Conglomerates Venture Capital Capital 52

Pension Pulse

FEBRUARY 19, 2025

Early design studies were completed in 2007, while the process for selecting the concessionaire started in 2009. Sources for LISEAs financing include equity contribution by LISEA shareholders, the European Investment Bank (EIB), Fonds dEpargne, bank debts guaranteed by the French Government, and non-guaranteed bank debts.

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Pension Funds Bidding Financing Finance 59