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.

Buyout 98

Buyout Banks Leveraged Buyouts Private Equity Firms 98

The Big Picture

SEPTEMBER 23, 2024

Let’s just start with your educational background. That whole distressed debt department at city 00:06:31 [Speaker Changed] Banks are wanting to sell? I work for a really senior guy in the investment bank. Early nineties was the start of the modern high yield leverage buyout business done at scale.

Debt 59

Debt Leveraging Banks Leveraged Buyouts 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

The investment banks were stuck with syndications that they had committed to, to place in the markets with price caps on the, on the coupons. Another floating ra, another interest rate sensitive asset class or LBOs, highly levered leveraged buyouts supported by floating rate liabilities. That’s an example.

Private Equity Firms 52

Private Equity Firms Private Equity Firms Debt Banks 52

The Big Picture

DECEMBER 10, 2024

One, two, there was a theory that these businesses had volatile cash flows and therefore couldn’t be leveraged, which was the, you know, the whole point of leveraged buyouts. He was running the h and q investment bank, and then Roger was my next door neighbor and very good friends with Jim.

Consulting 52

Consulting Consultants Private Equity Firms Private Equity Firms 52

The Big Picture

JANUARY 7, 2025

Barry Ritholtz : We always pay attention to regions where there is a pool of capital, a world class educational institution and a, a private sector that can combine all three. The interlinkages between women, our education policy, labor force, productivity, and again, ultimately the growth of the economy. Fascinating.

Capital 52

Capital Hedge Funds Buyout Funds 52

The Big Picture

FEBRUARY 7, 2023

COHAN: I was doing something I probably should never have been allowed to do, which was write about public education in Wake County, which was fine. And no one had ever done that, I had to get special permission from the Board of Education in Brooklyn back when they still do that. COHAN: Everybody wanted to be an investment banker.

Banks 103

Banks Mergers and Acquisitions Capital Companies 103