Pension Pulse

JULY 11, 2024

PE has acquired companies in the past three to four years at very high enterprise values, and it’s a question of if this is sustainable on exit now given market conditions,” says Tara Moore, head of European originations at Golub Capital, a US private credit firm. Some investors don’t want firms using such tools to flatter returns.

Buyout 59

Buyout Debt Leveraging Collateral 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. KLINSKY: Yeah.

Leveraged Buyouts 105

Leveraged Buyouts Private Equity Firms Private Equity Firms Debt 105

The Big Picture

SEPTEMBER 26, 2023

And the equity checks being written by these private equity firms are larger than they’ve ever been as well, greater than 50% usually of the enterprise value of the transaction that they’re, they’re taking on that, [ Ritholtz 00:14:56 That, that’s big. And they’re being bought out by private equity firms.

Private Equity Firms 52

Private Equity Firms Private Equity Firms Debt Banks 52