Remove Collateral Remove Leveraged Buyouts Remove Stock Market
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Transcript: Steven Klinsky

The Big Picture

And what was interesting was the first leveraged buyout of a public company happened when I was in graduate school. KKR took a stock exchange company called who Houdaille, private, and it was the first time there’ve been — RITHOLTZ: ’79 or something like that? And so it was a whole new idea, I found it very interesting.

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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. Read full article here and more from Reuters here.

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Transcript: Gretchen Morgenson

The Big Picture

MORGENSON: And so it looked like it was really a pretty reasonable reaction to what had been years of undervalue in the stock market. MORGENSON: Could be banks, could be Wall Street, could be private debt folks, but it’s — RITHOLTZ: This is very often securitized and sold off into the market as well? RITHOLTZ: Sure.