The Big Picture

SEPTEMBER 23, 2024

But because these are really good businesses, which got levered, they got leveraged through these leverage buyouts. Whatever you can get for it, hit the bid. Early nineties was the start of the modern high yield leverage buyout business done at scale. There’s leverage. And still growing.

Debt 59

Debt Leveraging Banks Leveraged Buyouts 59

The Big Picture

JANUARY 24, 2023

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. RITHOLTZ: Yeah.

Leveraged Buyouts 105

Leveraged Buyouts Private Equity Firms Private Equity Firms Debt 105

Pension Pulse

JUNE 22, 2023

Brookfield Infrastructure engaged BMO Capital Markets and Scotiabank as joint financial advisors and Kirkland & Ellis LLP as legal counsel. TD Securities is serving as financial advisor and Paul, Weiss, Rifkind, Wharton & Garrison LLP is serving as legal counsel to Ontario Teachers’. and DigitalBridge Group Inc (DBRG.N)

Legal 52

Legal Bidding Assets Debt 52

The Big Picture

JANUARY 7, 2025

It’s also legal and regulatory. Leverage buyouts requires leverage. And when rates were so low, the leverage went, it was cheap and, and and easily accessible. So we are seeing a lot more spread A bid-ask spread is very wide in the venture and growth world right now. Hence the valuation gap.

Capital 52

Capital Hedge Funds Buyout Startups 52

The Big Picture

FEBRUARY 7, 2023

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 you know, you guys make your bids.

Banks 103

Banks Mergers and Acquisitions Capital Companies 103