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Gibson, Dunn & Crutcher adds New York-based M&A and PE partner

Private Equity Wire

Gibson, Dunn & Crutcher has added Brian Scrivani as a partner and member of its M&A and private equity practice groups, based in New York. Scrivani was most recently a partner at international law firm Paul, Weiss, Rifkind, Wharton & Garrison.

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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. Lending limits have also increased.

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Transcript: Steven Klinsky

The Big Picture

BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, I have an extra special guest, his name is Steve Klinsky, and he has an absolutely storied history in the field of private equity. And what was interesting was the first leveraged buyout of a public company happened when I was in graduate school.