Jennifer Harris

The US's Term Asset-Backed Securities Loan Facility could be good opportunity for credit investors, and a boon for portfolio companies in the commercial finance space. But private equity firms need to know what they're getting into before they participate in the programme.

As the spectre of LP defaults looms larger, Guy Hands'Terra Firma has attempted to get ahead of the issue by buying out LPs from its 2007 fund.

In response to a chorus of critics, and the prodding of the SEC, the FASB will issue new guidance on the use of fair value accounting.

The US Senate version of the stimulus bill includes a tax break for those who purchase discounted debt

There has been little progress toward making the International Financial Reporting Standards a good fit for private equity, and hence scant adoption by the industry in Europe

Former Blackstone partner and Saul Steinberg protegee Henry Silverman will become the firm’s first chief operating officer. In 2007, he sold the reportedly now insolvent real estate company Realogy to Apollo for $8.5bn.

Vilified by the press over a high-profile deal gone wrong, BC Partners met its critics head on at a rare press conference.

Permira has offered its LPs a way out of their commitments - but at a steep price

As firms focus on their core competencies, back office employees are often the first to go

Amid turmoil in Iceland’s financial system, the Kaupthing-backed fund was unable to repay a credit facility. The fund’s investment manager, Kaupthing Singer & Friedlander, has been replaced.