Remove 2012 Remove Investment Banking Remove Leveraged Buyouts
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JMI Partners, Larry Contrella and Suken Vakil named to GrowthCap’s Top Software Investors of 2024

JMI Equity

Prior to joining JMI, Larry was an analyst in the multi-industries group in the investment banking division at Merrill Lynch & Co. Suken Vakil , Partner, joined JMI in 2012. Suken is responsible for sourcing and evaluating investment opportunities as well as providing strategic and operational support to portfolio companies.

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Transcript: Armen Panossian

The Big Picture

The investment banks were stuck with syndications that they had committed to, to place in the markets with price caps on the, on the coupons. Another floating ra, another interest rate sensitive asset class or LBOs, highly levered leveraged buyouts supported by floating rate liabilities. That’s an example.

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Private Equity's Creative Wizardry Posing Systemic Risk?

Pension Pulse

“On things like NAV loans and margin loans, it’s just additional leverage and if things go against you, you can have a problem,” Stavros, KKR’s cohead of global private equity, said at the Berlin event. Many were acquired at the buyout boom’s zenith in 2021 and 2022, and often paid for by piling them up with floating-rate debt.

Buyout 59
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Transcript: William Cohan

The Big Picture

So, I graduated from business school in 1987 and went to GE Capital for two years, financing leveraged buyouts. I mean, you know, I probably shouldn’t have been doing it because I had been a journalist covering public schools and knew nothing about leveraged buyouts. And I actually started out of business school.

Banks 103