This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Alperovich has extensive experience advising private equity sponsors and their portfolio companies on a broad range of transactions, including mergers and acquisitions, leveragedbuyouts, minority and growth investments, joint ventures, carve-outs and divestitures, restructurings, SPACs and de-SPACs, and investments in general partners.
For this reason, BDCs tend to garner a lot of attention from investors looking to supplement their portfolio with some dividend income. Investing $100,000 in the three ultra-high-yield BDCs discussed below could generate $10,000 of passive income for your portfolio this year. Hercules Capital: 11.5% Image source: Getty Images.
Paul, Weiss, Rifkind, Wharton & Garrison LLP (Paul Weiss) has appointed Christopher Sullivan as a partner in the firm’s Mergers & Acquisitions practice in the Corporate Department based in London. A cross-border M&A specialist, Sullivan joins from Clifford Chance where he led the UK private equity practice.
Steel (NYSE: X) are seeing Monday morning, and the move could signal a wave of merger and acquisition activity across the industrial and materials sectors that could produce the next leg higher for the bull market. The fact that those stocks have languished makes them attractive as takeover targets. That's what shareholders in U.S.
Historically, the focus was on leveragedbuyouts and cost-cutting to boost profitability, but this approach is no longer sufficient. A McKinsey report highlighted that while 60% of GPs claim to focus on operational improvements, only 40% of LPs believe these efforts materially impact portfolio performance. Treasury 4.x,
Chris Holt (Boston) represents private equity sponsors and their portfolio companies in a wide range of financing transactions, including syndicated, and private credit facilities, ABL facilities, and mezzanine financings. With a broad regulatory and transactional background, he also guides investment advisers in mergers and acquisitions.
Paula Sambo of Bloomberg reports Canada pension fund's credit head wants to take advantage of leveragedbuyout boom: Canada’s largest pension fund plans to nearly double the size of its credit holdings over the next five years, and it’s counting on an upturn in leveragedbuyouts to generate some of that growth.
Leveragedbuyout volumes remained down from historical highs in Q2 2024, as did EBITDA purchase price multiples, which decreased from 11.5x Credit investors in these underperforming portfolio companies experienced significant mark-to-market write-downs, often suddenly, primarily due to evaporating sponsor support. in Q1 2024.
Larry is responsible for sourcing and evaluating investment opportunities as well as providing strategic and operational support to portfolio companies. Suken is responsible for sourcing and evaluating investment opportunities as well as providing strategic and operational support to portfolio companies.
We invest a minimum of 50% equity into the capital structure of each portfolio company, providing the flexibility to create value through operational improvements, professional management practices, global capabilities and profitable business growth, versus financial engineering. billion of capital deployed by the firm’s principals.
And the entire merger department of Goldman Sachs in 1983 was 32 people. 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. Some investments will never have add-on acquisitions.
And what was interesting was the first leveragedbuyout of a public company happened when I was in graduate school. KLINSKY: In 1979, it was the first leveragedbuyout of a public company. We had sold the family business, maybe buy another family business one day through a leveragedbuyout. KLINSKY: Yeah.
The acquisition, which could be announced as soon as this week, would take the struggling pharmacy giant private. Walgreens portfolio includes UK pharmacy chain Boots, US healthcare provider VillageMD, drugstore chain Duane Reade, and specialty pharmacy group Shields Health Solutions. and $11.40 per share in cash.
Attention to Section 1202 planning is also relevant for growth investors who target smaller growth companies for investment or acquisition, and for PE investors with investment strategies that align organically with the requirements of Section 1202. George Davis Davis is a partner in the firms Business Law department and Tax practice.
So, I graduated from business school in 1987 and went to GE Capital for two years, financing leveragedbuyouts. So, by the time I got there, it was well beyond just, you know, financing customer acquisitions of appliances. Tell us about the merger in the early days that gave us General Electric, and who ran that company.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content