The Big Picture

SEPTEMBER 23, 2024

Let’s just start with your educational background. But because these are really good businesses, which got levered, they got leveraged through these leverage buyouts. Early nineties was the start of the modern high yield leverage buyout business done at scale. There’s leverage.

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

Another floating ra, another interest rate sensitive asset class or LBOs, highly levered leveraged buyouts supported by floating rate liabilities. I, I think that that’s very important because I always took the early part of my career as education or an opportunity for education as much as it was employment.

Private Equity Firms 52

Private Equity Firms Private Equity Firms Debt Banks 52

Pension Pulse

JUNE 22, 2023

This is making the deal easier to complete at a time when high interest rates and market volatility have made debt for leveraged buyouts scarcer and more expensive. The terms of Compass' debt allow for it to be taken over by a new owner without it being refinanced, one of the sources said.

Legal 52

Legal Bidding Assets Debt 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. I like backing social entrepreneurs and feel particularly passionate about conservation, biomedical research and education.

Consultants 52

Consultants Consulting Private Equity Firms Private Equity Firms 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. You start writing for the Raleigh Times.

Banks 103

Banks Mergers and Acquisitions Capital Companies 103

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