Blackstone

NOVEMBER 16, 2023

We take a more muted view for the next cycle as multiple expansion was responsible for only 14% of the average annual total return from 1991 to 2008 when rates were both higher and more volatile. With slower bank and leveraged loan growth, demand for partners in private credit is high.

Leveraging 52

Leveraging Banks Debt Leveraged Buyouts 52

The Big Picture

SEPTEMBER 26, 2023

Not, not terribly busy in 2007 to be honest, but in 2008, 2009, 10, it was by far the busiest time in my career in investing. Another floating ra, another interest rate sensitive asset class or LBOs, highly levered leveraged buyouts supported by floating rate liabilities. That’s an example.

Private Equity Firms 52

Private Equity Firms Private Equity Firms Debt Banks 52

Pension Pulse

NOVEMBER 10, 2023

Committed US$150 million to Hellman & Friedman Capital Partners XI, which focuses on leveraged buyouts and growth capital opportunities in North America and Europe, primarily in the technology & software, healthcare, financials and consumer & retail sectors.

Investing 59

Investing Buyout Stakes Assets 59

The Big Picture

JUNE 20, 2023

MORGENSON: It can be collateralized loan obligations, now it’s big private debt. Aren’t the big firms and the LBOs, the leveraged buyouts, very different than the middle market, smaller private equity firms that provide capital and equity to small companies. But so you had these dividend recaps.

Private Equity Firms 59

Private Equity Firms Private Equity Firms Financing Finance 59