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PE firms adding hedge funds to approved lender lists

Private Equity Wire

PE firms adding hedge funds to approved lender lists Submitted 16/08/2023 - 11:22am Private equity firms, including buyout major KKR & Co, are beginning to add hedge funds to their 'white lists' of approved lenders used to arrange funding for leveraged buyout deals, according to a report by Bloomberg.

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10 Wednesday AM Reads

The Big Picture

A Wealth of Common Sense ) • Hedge Fund That Got China Right Sees Risk in US Credit, Stocks : Vantage CIO warns against ignoring drop in new factory orders Ferres sees red flag in tight spreads for US high-yield credit. That was the bond buying opportunity of a lifetime. 6 committee’s legacy.

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MiB: Steven Klinsky, New Mountain Capital

The Big Picture

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.

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My Career Regret - The Money and Interestingness Trade

This is going to be BIG.

Ten years ago, I was an analyst for the General Motors pension fund, working on fund investments into leveraged buyout funds and venture capital deals. I literally wrote the investment memo for GMs investment into Accel IX, otherwise known as the "Facebook Fund." (I

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Transcript: Steven Klinsky

The Big Picture

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.

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Navigating the systematic credit frontier: A conversation with Drakai Capital – Winner of the ‘Best Credit Hedge Fund – Credit Long/Short’ Category at the 2023 Hedgeweek & Private Equity Wire European Credit Awards

Private Equity Wire

Our strategy leverages this digital shift to enhance trade transparency and reduce human bias, positioning us to exploit market inefficiencies more effectively. Q: Drakai Capital has recently been honoured with the ‘Best Credit Hedge Fund – Credit Long/Short’ award. How does this accolade resonate with your firm’s ethos?

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Are Alternative Investments the Key to Diversifying Your Portfolio?

Fortune Financial

It encompasses strategies such as venture capital, leveraged buyouts and investing directly in publicly-traded private equity firms. Leveraged Buyouts In contrast, there are leveraged buyouts (LBOs) that involve acquiring established companies with the aim of restructuring or improving their operations to enhance profitability.