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 Education 64

The Big Picture

DECEMBER 5, 2023

Michael Fisch : 00:05:39 [Speaker Changed] Well, in the time that I was working at Goldman Sachs in mergers, there were a bunch of big public companies who were on, we were on m and a retainer, they call it. Michael Fisch : 00:07:15 [Speaker Changed] The largest fund then was KKR with $175 million. That’s pretty reason.

Private Equity Firms 69

Private Equity Firms Private Equity Firms Mergers and Acquisitions Debt 69

Pension Pulse

JUNE 22, 2023

We are a fully funded defined benefit pension plan and have earned an annual total-fund net return of 9.5% 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. since the plan's founding in 1990.

Legal 52

Legal Bidding Assets Debt 52

The Big Picture

JANUARY 24, 2023

They have $37 billion in clients and their own funds, of which they have invested across a variety of disciplines from credit to strategic capital, as well as taking companies private and helping them grow into something more substantial than they’ve been in the past. And so it was a whole new idea, I found it very interesting.

Leveraged Buyouts 105

Leveraged Buyouts Private Equity Firms Private Equity Firms Debt 105

Private Equity Insights

JUNE 30, 2023

That’s roughly triple the deal tallies of buyout firms like Apollo Global Management Inc., has unveiled just one major public-company takeover bid this year. Its energy transition fund was behind a $12 billion March deal for Australian utility Origin Energy Ltd. “A EQT AB and Silver Lake Management. KKR & Co.

Buyout 130

Buyout Private Equity Firms Private Equity Firms Leveraged Buyouts 130

The Big Picture

DECEMBER 10, 2024

I ran the venture fund, did all the investing off the balance sheet. 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. How long did you stay at Oracle? So yeah, it was fantastic.

Consulting 52

Consulting Consultants Private Equity Firms Private Equity Firms 52

The Big Picture

FEBRUARY 7, 2023

So, I graduated from business school in 1987 and went to GE Capital for two years, financing leveraged buyouts. I mean, you know, I probably shouldn’t have been doing it because I had been a journalist covering public schools and knew nothing about leveraged buyouts. I’ve gone back to Columbia.

Banks 103

Banks Mergers and Acquisitions Capital Companies 103