A new wave of alternative investment in the developing world is fundamentally different than past expansions, Harvard professor Josh Lerner told attendees at the 2008 Emerging Markets Private Equity Forum in New York, co-hosted by Private Equity International and EMPEA.
The banks have vowed to 'vigourously' fight the lawsuits, while a Texas judge has issued a temporary restraining order compelling them to fund the take-private bid.
The buyout boom reached a European deal volume record for the year fuelled by unprecedented amounts of leverage before the credit market problems ended the party.
The FTSE 100 company, led by Philip Yea, remains confident that despite difficult market conditions, which may slow down its mid-market buyout business, its recently expanded growth capital team will be sheltered from the credit storm.
The ongoing deterioration of the worldwide credit markets has led to the prospect of some private equity-owned companies becoming worth less than the value owed to creditors.
The ongoing deterioration of the worldwide credit markets has led to the prospect of some private equity-owned companies becoming worth less than the value owed to creditors.
In a memo to investors, Oaktree head Howard Marks cites runaway leverage and fair value accounting as primary culprits in a ‘broad-gauged and systemic’ crisis.
In a memo to investors, Oaktree head Howard Marks cites runaway leverage and fair value accounting as primary culprits in a ‘broad-gauged and systemic’ crisis.
The UK mid-market firm secures its third deal since the credit crisis engulfed the buyout industry, taking its deals' total enterprise value to £250 million.
Italy’s Pirelli Real Estate and RREEF are part of a quartet of investors buying a 49 percent stake in German department store joint venture.