Pension Pulse

JULY 11, 2024

Investors simply want firms to return to their founding mission: Improving the companies they own. It gets back to the ability to grow the operating performance of the companies and making sure that returns” come from that rather than from “financial leverage,” he tells Bloomberg. Oleg Melentyev, Bank of America Corp.’s

Buyout 59

Buyout Debt Leveraging Collateral 59

Udu

MAY 24, 2023

Private equity (PE) firms continue to attract investors looking to maximize returns and minimize risks. 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

Equity returns enter a different era Although the S&P has returned an impressive 19% year-to-date through November 15, seven mega-cap tech stocks (+72%) are largely responsible; the other 493 stocks in the index are up only 7%. During the QE era, market multiples worked in tandem with earnings growth to produce historic returns.

Leveraging 52

Leveraging Debt Banks Leveraged Buyouts 52

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

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: Sure.

Leveraged Buyouts 105

Leveraged Buyouts Private Equity Firms Private Equity Firms Debt 105

The Big Picture

SEPTEMBER 26, 2023

annual returns, net of fees, and that’s from 1987 to the mid 2010s. We returned a lot of capital. I think most importantly, our clients appreciated the return of capital. And, and you don’t need to kind of bend and change your stripes and invest in cyclical businesses to get that additional return.

Private Equity Firms 52

Private Equity Firms Private Equity Firms Debt Banks 52

Pension Pulse

NOVEMBER 10, 2023

The Fund, which includes the combination of the base CPP and additional CPP accounts, achieved a 10-year annualized net return of 9.6%. For the quarter, the Fund’s net return was 0.1%. For the period, the Fund’s net return was negative 0.7%. dollar-denominated assets, which benefited from a strengthening U.S.

Investing 59

Investing Buyout Stakes Assets 59