Remove Collateral Remove Leveraged Buyouts Remove Private Equity Firms
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Transcript: Steven Klinsky

The Big Picture

BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, I have an extra special guest, his name is Steve Klinsky, and he has an absolutely storied history in the field of private equity. And what was interesting was the first leveraged buyout of a public company happened when I was in graduate school.

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Transcript: Armen Panossian

The Big Picture

I mean, if you’re buying debt in, in, you name it company at 20 cents to 60 cents, and they’re owned by, you know, marquee private equity firms, what’s gonna happen with that? And they’re being bought out by private equity firms. It’s still in the double digits.

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CPP Investments Aims to Double Credit Holdings Over Next Five Years

Pension Pulse

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.

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Private Equity's Creative Wizardry Posing Systemic Risk?

Pension Pulse

That’s weighing heavily on the current round of fundraising by private equity firms, who are known in the industry as “sponsors” or general partners. “PE NAV lenders sometimes charge interest in the mid to high teens, and some borrowers have used holiday homes, art and cars as collateral.

Buyout 59
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Transcript: Gretchen Morgenson

The Big Picture

The current book is called “These Are the Plunderers, How Private Equity Runs and Wrecks America” That’s a little bit of a sensationalistic headline. When we spoke, the focus and conversation really emphasizes the largest of the large private equity firms. And that’s why we’re focusing on them.

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

Pension Pulse

Committed US$150 million to Hellman & Friedman Capital Partners XI, which focuses on leveraged buyouts and growth capital opportunities in North America and Europe, primarily in the technology & software, healthcare, financials and consumer & retail sectors. STAR Capital is a mid-market, U.K.-based