Remove 2008 Remove Due Diligence Remove Private Companies
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Transcript: Michael Fisch

The Big Picture

So, 00:22:17 [Speaker Changed] So when you are evaluating a company, this is more than EBITDA or earnings per share or something like that, you are really doing your due diligence on the management team and how effective they are. How, how are the higher rates affecting valuations amongst private companies?

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Transcript: Michael Carmen, Wellington

The Big Picture

Just really a fascinating history from, from a private company to a public company back to a, a partnership. He is uniquely situated because he has run both public mutual funds as well as privates, including late stage venture private equity credit down the list. Really interesting. In terms of being that specific.

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Transcript: Matt Levine

The Big Picture

And it stopped in like September of 2008. 00:33:08 Who, who is advising him to waive due diligence? Well, 00:33:14 He, so I actually think that in hostile public company m and a, it is not that uncommon to not do due diligence, right? And it restarted in, I wanna say March of 2009, but like onlya little bit.

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The Blackstone Bombshell That Just Shook PE Industry

Pension Pulse

For all the years the investigation found child labor, PSSI has been owned by Wall Street's Blackstone--the largest private equity firm in the world. Blackstone told us "extensive pre-investment due diligence showed PSSI had industry-leading hiring compliance." How can this happen? Where did oversight fail?