Remove 2008 Remove Buyout Remove Exit Strategy
article thumbnail

PIPE Investments in Private Equity: Pouring Money Down the PIPE

The Private Equiteer

Unlike in buyout deals, minority stakes limit two key return levers: leverage and operational control. That’s why PIPE deals are common in distressed or struggling companies, small caps, and markets with low liquidity, such as during the 2008 GFC and the pandemic crash of 2020. But that’s a story for another time.

article thumbnail

IMCO's CEO Bert Clark Reflects on the Canadian Model and More

Pension Pulse

If they could, oil would not have reached $147 in 2008—a level is has never subsequently reached and the examples I referred to earlier—involving the Nikkei and Nasdaq—wouldn’t have occurred. Our strategy is to try to keep exposures to any asset class or market segment at a size that won’t lead to regret if something goes wrong.