Matt Levin
A letter sent to Apollo limited partners explains the fund’s IRR will drop only minimally if an investment in the now-bankrupt housewares giant is marked down to zero.
A letter sent to Apollo limited partners explains the fund’s IRR will drop only minimally if an investment in the now-bankrupt housewares giant is marked down to zero.
A letter sent to Apollo limited partners explains the fund’s IRR will drop only minimally if an investment in the now-bankrupt housewares giant is marked down to zero.
Private equity veterans and blank cheque executives lauded the merits of special purpose acquisition companies at a conference today in New York, but warned the challenge is finding the right deal within a set time frame.
The credit-card services company is pursuing a $170m break-up fee for the second time, as the mega-buyout firm calls the suit ‘just as spurious as the first one’.
Tone Grant has been convicted of defrauding TH Lee and other investors during his tenure at the once-mighty commodities brokerage.
Goldman Sachs, currently raising $7.5bn for infrastructure, isn’t the only investment banking giant looking to capitalise on the increasingly popular asset class.
The San Francisco-based firm co-founded by American football Hall of Famer Ronnie Lott has fully committed its latest fund.
TPG co-founder David Bonderman will rejoin the troubled Seattle-based savings and loan.
The buyout firm looks set to lead the latest private equity rescue of a beleaguered financial giant.