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Looking For Passive Income? Here Are 5 Ultra-High-Yield Dividend Stocks to Buy and Hold For a Decade

The Motley Fool

Moreover, while Hercules specializes in basic debt instruments such as term loans or revolvers (think a corporate line of credit), Ares offers more sophisticated products -- including leveraged buyouts (LBOs). ARCC Price to Book Value data by YCharts At a price-to-book (P/B) ratio of just 1.1, per unit at the end of 2009, to $3.70

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Diligent’s PE owners mull $7bn sale

Private Equity Wire

The potential move comes as private equity firms look to exit older investments after a period of slowed deal-making, largely due to high interest rates that have increased the cost of financing leveraged buyouts. Insight Partners initially acquired Diligent for $624m in 2016, taking it private from the New Zealand stock exchange.

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Carlyle secures private credit loan for WSG deal

Private Equity Wire

Initially, Carlyle explored using a traditional leveraged buyout bank loan for the acquisition, but ultimately opted for private credit, the source added without providing further details. Australias leveraged buyout activity has been gaining traction, driven by narrowing valuation gaps between buyers and sellers.

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Transcript: Steven Klinsky

The Big Picture

And what was interesting was the first leveraged buyout of a public company happened when I was in graduate school. KLINSKY: In 1979, it was the first leveraged buyout of a public company. We had sold the family business, maybe buy another family business one day through a leveraged buyout. KLINSKY: Yeah.

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AlbaCore eyes €2bn in senior lending initiative

Private Equity Wire

The report cites unnamed sources familiar with the matter as revealing that the new fund will provide senior secured loans to finance European leveraged buyouts. The firm was founded in 2016 by former Canada Pension Plan Investment Board executive David Allen.

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Centerbridge’s KIK Carves Out its Auto Care Business

Private Equity Professional

” Centerbridge invests from $50 million to $300 million in US-based leveraged buyouts and distressed securities. “After the completion of the sale, KIK Consumer will continue as a highly focused and aligned consumer products company with our household care and pool care businesses offering exceptional growth opportunities.”

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This Week in Pensions & Investments: 10-11-2023

Pension Pulse

LongPoint Minerals, LLC and LongPoint Minerals II, LLC acquired their assets between 2016-2021. Private Equity Invested US$206 million to acquire positions in two fund-of-fund vehicles that are invested in buyout, growth buyout and venture funds across a wide range of industries, primarily in the U.S. Read his full comment here.