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Apollo and ICG expand into South Korea as private equity gains momentum

Private Equity Insights

The country’s growing pool of pension funds and increasing corporate restructuring activities are drawing the attention of alternative investment firms worldwide. Lower interest rates are expected to further fuel leveraged buyouts, setting the stage for an active 2025, Deloitte reported. increase from the previous year.

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Banks ramp up leveraged buyouts as interest rates fall

Private Equity Wire

Investment banks, which faced significant losses on risky merger and acquisition (M&A) loans due to a spike in global interest rates, are now aggressively returning to the leveraged buyout (LBO) market — one of the most profitable sectors in finance, according to a report by Bloomberg.

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Era of private credit outperformance over PE may be ending, says State Street

Private Equity Wire

Private credit’s edge over buyout funds has been evident in seven of the last 10 quarters, partly due to direct lenders’ floating-rate loans, which provide steady interest payments. In the second quarter, private debt saw returns of 2.18%, while buyouts posted 1.47%, according to State Street’s index.

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Carlyle secures private credit loan for WSG deal

Private Equity Wire

The funds will support Carlyles purchase of the stake from Livingbridge, the anonymous source said. Carlyle announced Monday that the equity for its investment will come from its Carlyle Asia Partners funds. Australias leveraged buyout activity has been gaining traction, driven by narrowing valuation gaps between buyers and sellers.

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Northern Wholesale Acquired by Sun

Private Equity Professional

Sun Capital invests from $50 million to $300 million in leveraged buyouts, equity, and debt in companies with more than $32 million in EBITDA that can benefit from its in-house operating professionals and experience. Sun Capitals most recent fund, Sun Capital Partners VIII LP , closed in September 2022 with $2.5

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Leveraged buyouts: big funds flaunt their equity muscle

Financial Times M&A

Specialist buyers may not get massive returns but high management fees can make up the difference

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Diligent’s PE owners mull $7bn sale

Private Equity Wire

The potential move comes as private equity firms look to exit older investments after a period of slowed deal-making, largely due to high interest rates that have increased the cost of financing leveraged buyouts.