Private Equity Insights

FEBRUARY 9, 2024

billion) for a credit fund for Australia and New Zealand, as it seeks to capitalize on opportunities created by banks retreating from leveraged lending. The Ares Asia Direct Lending fund, the company’s first leveraged buyout vehicle for the region, has deployed over A$1.04 Ares Management Corp. has raised A$2.6

Leveraged Buyouts 130

Leveraged Buyouts High Net Worth Individuals Pension Funds Buyout 130

The Motley Fool

JANUARY 5, 2024

Hercules Capital: 11.5% dividend yield Hercules Capital (NYSE: HTGC) is a prominent BDC that lends money to companies in the technology, life sciences, and energy sectors. The company specializes in an instrument called venture debt -- or loans made at high interest rates. Ares Capital: 9.6% Horizon Technology Finance: 9.9%

Mergers and Acquisitions 246

Mergers and Acquisitions Leveraged Buyouts Due Diligence Portfolios 246

Private Equity Professional

SEPTEMBER 20, 2024

Prior to the acquisition, Connecticut Coining was owned by Ohio-based MavenHill Capital. Industrial Growth Partners provides equity capital to lower-middle market niche manufacturing and industrial services companies with revenues of up to $250 million. billion in capital. IGP was founded in 1997 and is based in San Francisco.

Leveraged Buyouts 130

Leveraged Buyouts Buyout Financing Finance 130

Private Equity Professional

OCTOBER 16, 2024

Centerbridge is acquiring Precinmac from Pine Island Capital Partners , Bain Capital’s Private Credit Group , and Compass Partners Capital , who purchased the company from GenNx360 Capital Partners in April 2020. We are excited to begin our next chapter of growth with Centerbridge.

Leveraged Buyouts 130

Leveraged Buyouts Enterprise Values Buyout Leveraging 130

Private Equity Wire

OCTOBER 2, 2024

Global private investments firm Apollo Global Management has set its sights on doubling its assets under management to $1.5tn by 2029, positioning itself as a major player in global debt underwriting, according to a report by the Financial Times. In every market, banks are being asked to do less, and investors are being asked to do more.

Assets 74

Assets Leveraged Buyouts Private Equity Firms Private Equity Firms 74

Private Equity Insights

SEPTEMBER 28, 2023

is looking to raise over $10bn across two private loan funds in Europe and the US, according to people with knowledge of the matter, as the firm seeks to further capitalize on the growth of private credit. Blackstone Credit and other major private debt managers such as Ares Management Corp. Blackstone Inc.

Leveraged Buyouts 147

Leveraged Buyouts Buyout Private Equity Firms Private Equity Firms 147

Private Equity Wire

MAY 22, 2024

Private credit lenders and banks are vying to offer debt financing for a potential acquisition of US education software provider PowerSchool Holdings, according to a report by Bloomberg citing people with knowledge of the matter. Banks are also said to be offering competing packages that include a smaller amount of debt and preferred equity.

Buyout 98

Buyout Banks Leveraged Buyouts Private Equity Firms 98

Private Equity Insights

FEBRUARY 9, 2024

percentage points above the Secured Overnight Financing Rate and at a discounted price of 98 cents on the dollar.

Leveraged Buyouts 130

Leveraged Buyouts Pension Funds Buyout Leveraging 130

Private Equity Wire

FEBRUARY 8, 2024

Clearlake Capital and Insight Partners are close to agreeing a $2bn debt package with a group of private credit lenders including Apollo Global Management and Blackstone to help finance their leveraged buyout of software developer Alteryx, according to a report by Bloomberg.

Leveraged Buyouts 98

Leveraged Buyouts Buyout Leveraging Finance 98

The Motley Fool

MARCH 17, 2024

Hercules Capital: Dividend yield 10.5% Hercules Capital (NYSE: HTGC) is a BDC that invests in technology, life sciences, and sustainable energy businesses. The company typically supports start-ups that have raised funding from venture capital or private equity firms and are looking to augment the balance sheet with some debt.

Leveraged Buyouts 130

Leveraged Buyouts Exchange-Traded Funds Private Equity Firms Private Equity Firms 130

Private Equity Wire

AUGUST 27, 2024

He has previously represented private equity funds, independent sponsors, public and private companies, search funds, family offices, founders and entrepreneurs in mergers, acquisitions, divestitures, leveraged buyouts, recapitalisations, debt and equity financings, venture capital transactions and joint ventures.

Mergers and Acquisitions 75

Mergers and Acquisitions Leveraged Buyouts Law Firms Buyout 75

Private Equity Wire

SEPTEMBER 2, 2024

A&O Shearman has added Dan Graham and Paul Dunbar to the firm’s Private Equity and M&A practice in London.The pair join a team of over 200 partners who work with private capital investors across the US, UK, EMEA and APAC.

Leveraged Buyouts 75

Leveraged Buyouts Private Equity Firms Private Equity Firms Financial Institutions 75

Private Equity Wire

AUGUST 9, 2023

Bain Capital Credit’s Private Credit Group invested in 30 businesses across 15 industries in H1 2023, supporting the refinancing, leveraged buyout, and add-on acquisition activity of both new and existing portfolio companies.

Leveraged Buyouts 52

Leveraged Buyouts Financing Finance Capital 52

The Motley Fool

APRIL 28, 2024

Hercules Capital Hercules Capital (NYSE: HTGC) is a business development company (BDC). Ares Capital Another prominent BDC is Ares Capital (NASDAQ: ARCC). Unlike Hercules, Ares doesn't typically work with high-profile tech companies that have raised funds from venture capital firms. Image source: Getty Images.

Leveraged Buyouts 244

Leveraged Buyouts Due Diligence Buyout Venture Capital 244

Private Equity Insights

AUGUST 31, 2023

Get the week’s top news delivered directly to your inbox – Sign up for our newsletter Sign up TPG, formerly Texas Pacific Group, is co-headquartered in Fort Worth and San Francisco and specializes in leveraged buyouts and growth capital. Read more Bain Capital Invests in Sales Tech Startup Apollo.io

Consulting 130

Consulting Consultants Leveraged Buyouts Private Equity Firms 130

The Motley Fool

FEBRUARY 27, 2024

Hercules Capital: 10.3% dividend yield Hercules Capital (NYSE: HTGC) is a BDC that focuses on technology, life sciences, and sustainable energy businesses. It specializes in an investment vehicle called venture debt. In exchange for capital, founders will give up equity in their company. Ares Capital: 9.6%

Leveraged Buyouts 130

Leveraged Buyouts Due Diligence Initial Public Offering Exchange-Traded Funds 130

Private Equity Wire

MARCH 6, 2024

Leverage levels in private credit will increase as alternative asset managers’ rapid capital deployment in turn increases their share of the private credit market, according to a private credit research report by Moody’s Investor Services.

Leveraging 98

Leveraging Leveraged Buyouts Buyout Asset Management 98

Private Equity Wire

OCTOBER 22, 2024

Dee Kuchukulla (New York) guides leading private equity sponsors and their portfolio companies on an array of complex transactions, from leveraged buyouts and sales to carve-outs, cross-border deals, joint ventures, and take-privates across industries. She brings a deep understanding of technology and consumer brands.

Mergers and Acquisitions 74

Mergers and Acquisitions Leveraged Buyouts Private Equity Firms Private Equity Firms 74

Private Equity Wire

NOVEMBER 1, 2023

Drakai Capital, a Paris-based investment management firm, epitomises this blend by fusing technology with credit investing to generate consistent, low-volatility alpha. How does Drakai Capital position itself in this sphere? A: At Drakai Capital, we seamlessly combine technology with credit investing to navigate market complexities.

Hedge Funds 98

Hedge Funds Leveraged Buyouts Capital Buyout 98

The Motley Fool

MARCH 6, 2024

Hercules Capital: 10.6% dividend yield Hercules Capital (NYSE: HTGC) is a business development company (BDC) that specializes in providing capital to venture-backed start-ups. Ares Capital: 9.5% dividend yield Another BDC on my list is Ares Capital (NASDAQ: ARCC). Rithm Capital: 9.1% Horizon Technology: 11.1%

Leveraged Buyouts 246

Leveraged Buyouts Initial Public Offering Shareholders Exchange-Traded Funds 246

Private Equity Insights

MARCH 17, 2023

But Ares executives insist their firm remains steadfast in its goal of offering institutional investors more than just private debt. William Benjamin, head of Ares’ real estate group, describes the parent company’s prowess in private debt as an invaluable fundraising tool. Thus far, Ares has diversified farthest into real estate.

Pension Funds 130

Pension Funds Buyout Leveraged Buyouts Asset Management 130

Private Equity Wire

AUGUST 25, 2023

Private credit firms discussing $3.4bn Hyland loan package Submitted 25/08/2023 - 11:11am A group of private-credit lenders led by Golub Capital, Ares Management Corp, Blue Owl Capital, and Oak Hill Advisors, are in talks to extend a $3.25bn loan to Hyland Software Inc, so the company can refinance existing debt, according to a report by Bloomberg.

Leveraged Buyouts 52

Leveraged Buyouts Buyout Leveraging Debt 52

Private Equity Professional

AUGUST 12, 2024

Leveraged buyout volumes remained down from historical highs in Q2 2024, as did EBITDA purchase price multiples, which decreased from 11.5x The spread tightening and overall positive performance trends from strong credits caused the average senior credit mark in the Lincoln Senior Debt Index (LSDI) to increase from 98.4%

Buyout 100

Buyout Enterprise Values Leveraged Buyouts Leveraging 100

The Motley Fool

JANUARY 24, 2024

Recently, however, the stock has been on an upswing, climbing nearly 62% from its low of $38 in this past October amid rumors of a potential buyout by a private equity firm. According to a Reuters report, Bain Capital and Hellman & Friedman may be among the final bidders in an auction for DocuSign. Is DocuSign a buy?

Leveraged Buyouts 100

Leveraged Buyouts Investors Buyout Private Equity Firms 100

Private Equity Wire

JUNE 27, 2023

Credit crusaders fill the wall street void Submitted 27/06/2023 - 1:54pm This article first appeared in the March 2023 T ech Buyouts Insights Report Private credit funds could become a more permanent fixture in tech’s leveraged buyout market thanks to their speed of execution and reliability, especially in challenging macroeconomic conditions.

Buyout 52

Buyout Leveraged Buyouts Debt Financing 52

Udu

MAY 31, 2023

Fewer Large Leveraged Buyouts Tighter monetary policy and a more uncertain macroeconomic outlook make large lenders more hesitant to finance large leveraged buyouts. This could lead to a decrease in this type of buyout, as buyers may not be able to finance their acquisitions with debt.

Leveraged Buyouts 52

Leveraged Buyouts Private Equity Firms Private Equity Firms Buyout 52

This is going to be BIG.

APRIL 21, 2013

Ten years ago, I was an analyst for the General Motors pension fund, working on fund investments into leveraged buyout funds and venture capital deals. In fact, the one area I was pretty set on eliminating from my consideration set--leveraged buyouts--was the area where partners seemed to make the most money.

Leveraged Buyouts 125

Leveraged Buyouts Venture Capital Buyout Hedge Funds 125

Udu

MAY 24, 2023

According to Bain & Company, global funds raised across the full private capital spectrum hit $1.2 Leveraged Buyout (LBO) An LBO transaction is an acquisition funded using a significant amount of debt where assets from both parties are used as collateral. trillion in 2021 – a 14% increase from the prior year.

Due Diligence 40

Due Diligence Best Practices Leveraged Buyouts Collateral 40

Blackstone

NOVEMBER 16, 2023

With slower bank and leveraged loan growth, demand for partners in private credit is high. Private credit provided 65% of loans for the leveraged buyout (LBO) market in 2021 and 86% for the market as of year to date 2023. First, a low fund leverage profile increases fund liquidity and/or capital available for investment.

Leveraging 52

Leveraging Banks Debt Leveraged Buyouts 52

The Big Picture

DECEMBER 5, 2023

Michael Fisch : 00:07:01 [Speaker Changed] Well, Barry, again, like Wall Street, it was all so much smaller in 1983, by my reckoning, the entire global institutional private equity business was less than a billion dollars of committed capital. And, and we wanted to have relatively modest leverage. The large, that’s nothing.

Private Equity Firms 69

Private Equity Firms Private Equity Firms Mergers and Acquisitions Debt 69

The Big Picture

SEPTEMBER 23, 2024

Victor has had a fascinating career, stood up the distressed debt department at Citibank before doing the same thing at Merrill Lynch a few years later. He also spent time at Sebus and More Capital before launching his own firm in 2001. Really just a fascinating person who has seen the distressed debt business from day one.

Debt 58

Debt Leveraging Banks Leveraged Buyouts 58

Private Equity Wire

JULY 23, 2024

AlbaCore Capital is looking to raise over €2bn ($2.2bn) for a new senior direct-lending strategy which will compete with established lenders including Ares Management Corp and Intermediate Capital Group, according to a report by Bloomberg. Last year, First Sentier Investors acquired a majority stake in the firm.

Leveraged Buyouts 97

Leveraged Buyouts Buyout Leveraging Stakes 97

The Big Picture

JANUARY 21, 2023

 This week, we speak with Steven Klinsky, founder and CEO of New Mountain Capital , which runs over $37 billion in assets under management. Klinsky also served as one of the first five general partners at Forstmann Little, helping to oversee seven private equity and debt partnerships totaling over $10 billion in capital.

Leveraged Buyouts 63

Leveraged Buyouts Capital Buyout Leveraging 63

Pension Pulse

APRIL 25, 2024

Paula Sambo of Bloomberg reports Canada pension fund's credit head wants to take advantage of leveraged buyout boom: Canada’s largest pension fund plans to nearly double the size of its credit holdings over the next five years, and it’s counting on an upturn in leveraged buyouts to generate some of that growth.

Leveraged Buyouts 59

Leveraged Buyouts Buyout Pension Funds Mergers and Acquisitions 59

The Big Picture

JANUARY 24, 2023

 The transcript from this week’s, MiB: Steven Klinsky, New Mountain Capital , is below. They grew a business where they issued junk debt. Eventually, Steve takes his experience and knowledge and stands up his own firm, New Mountain Capital, which is one of the largest private equity shops in the world.

Leveraged Buyouts 104

Leveraged Buyouts Private Equity Firms Private Equity Firms Debt 104

The Big Picture

SEPTEMBER 26, 2023

 The transcript from this week’s, MiB: Armen Panossian, Oaktree Capital Management , is below. Armand Posiion is head of performing credit at Oaktree Capital Management, where he works with the likes of, of Bruce Kosh and Howard Marks. Another extra, extra special guest. Panossian ] 00:02:39 Yeah, thanks Barry.

Private Equity Firms 52

Private Equity Firms Private Equity Firms Debt Banks 52

Pension Pulse

JULY 11, 2024

For decades the private equity model seemed unassailable, transforming the industry’s image from Barbarians at the Gate to crucial pillar of capitalism. Funds raised money, bought businesses, loaded them with debt, exited at a profit and convinced happy investors to do it all over again — at ever greater scale.

Buyout 59

Buyout Debt Leveraging Pension Funds 59