The Big Picture

JANUARY 21, 2023

Prior to founding New Mountain Capital in 1999, Klinsky was co-founder of the leveraged buyout group at Goldman Sachs, where he helped execute over $3 billion of pioneering transactions for Goldman and its clients. He also explains how Forstmann Little was the white shoe alternative to the firms doing junk bond financing.

Leveraged Buyouts 64

Leveraged Buyouts Capital Buyout Leveraging 64

Axial

FEBRUARY 27, 2024

million in EBITDA seeking a growth-oriented partner and distressed businesses that are over leveraged and/or operate in out-of-favor sectors. We focus on specific sectors in which we can utilize our skills and perspective, leveraging technology as part of a data-driven methodology to power our “Four Pillar” structure.

Private Equity Firms 59

Private Equity Firms Private Equity Firms Buyout Mergers and Acquisitions 59

The Big Picture

SEPTEMBER 26, 2023

And I think a lot of investors and, and lenders and really lost their way and agreed to terms and conditions that in under today’s market environment would not be acceptable levels of leverage that would not work. And, and as a result, there is a, a condition where there’s risks and opportunities in the current market.

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 Assets Bidding 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.

Consulting 52

Consulting Consultants 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