Private Equity Insights

FEBRUARY 9, 2024

percentage points above the Secured Overnight Financing Rate and at a discounted price of 98 cents on the dollar. percentage points above the Secured Overnight Financing Rate and at a discounted price of 98 cents on the dollar.

Leveraged Buyouts 130

Leveraged Buyouts Pension Funds Buyout Leveraging 130

Private Equity Wire

FEBRUARY 2, 2024

Global law firm White & Case is expanding its global debt finance practice and has appointed Lauren Winter, who has joined from Shearman & Sterling where she was Counsel, as a Partner in London. White & Case has dedicated bank lending, private credit & direct lending and borrower finance teams.

Debt 69

Debt Financing Finance Leveraged Buyouts 69

Private Equity Wire

MAY 22, 2024

Private credit lenders and banks are vying to offer debt financing for a potential acquisition of US education software provider PowerSchool Holdings, according to a report by Bloomberg citing people with knowledge of the matter. The financing could include a $2.4bn funded term loan, a $500m delayed-draw term loan and a $300m revolver.

Buyout 89

Buyout Banks Leveraged Buyouts Private Equity Firms 89

Private Equity Insights

JULY 21, 2023

For firms like Blackstone, attaining that size cements their position as a major player in mainstream finance. It rose to prominence with leveraged buyouts, the kinds of transactions made famous by “Barbarians at the Gate” and other chronicles of 1980s finance.

Private Equity Managers 246

Private Equity Managers Mutual Funds Leveraged Buyouts Private Equity Firms 246

The Motley Fool

JANUARY 5, 2024

For this reason, once the start-up reaches a maturity point generating consistent cash flow, it may seek out alternative financing options like debt. Horizon Technology Finance: 9.9% dividend yield Another leading BDC is a major competitor to Hercules called Horizon Technology Finance (NASDAQ: HRZN). Image source: Getty Images.

Mergers and Acquisitions 246

Mergers and Acquisitions Leveraged Buyouts Due Diligence Portfolios 246

Private Equity Wire

APRIL 29, 2024

Global law firm Goodwin has appointed Ian Keefe and George Weavil as Partners within the firm’s private equity practice in its London office, which covers M&A, private investment funds and debt finance.

Leveraged Buyouts 83

Leveraged Buyouts Buyout Law Firms Asset Management 83

Pension Pulse

APRIL 25, 2024

Paula Sambo of Bloomberg reports Canada pension fund's credit head wants to take advantage of leveraged buyout 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 leveraged buyouts to generate some of that growth.

Leveraged Buyouts 59

Leveraged Buyouts Buyout Pension Funds Mergers and Acquisitions 59

Private Equity Wire

FEBRUARY 8, 2024

Clearlake Capital and Insight Partners are close to agreeing a $2bn debt package with a group of private credit lenders including Apollo Global Management and Blackstone to help finance their leveraged buyout of software developer Alteryx, according to a report by Bloomberg.

Leveraged Buyouts 82

Leveraged Buyouts Buyout Leveraging Financing 82

Private Equity Wire

MARCH 18, 2024

Private equity firms including Advent International and Blackstone are approaching both banks and private lenders over debt packages of around €7.5bn ($8.16bn) to help finance a potential acquisition of Sanofi’s consumer health division, according to a report by Bloomberg.

Leveraged Buyouts 77

Leveraged Buyouts Debt Banks Private Equity Firms 77

Private Equity Wire

AUGUST 9, 2023

Bain Capital Credit’s Private Credit Group invested in 30 businesses across 15 industries in H1 2023, supporting the refinancing, leveraged buyout, and add-on acquisition activity of both new and existing portfolio companies. Like this article?

Leveraged Buyouts 52

Leveraged Buyouts Financing Finance Capital 52

The Motley Fool

MARCH 17, 2024

Horizon Technology Finance: Dividend yield 11.4% In the world of technology-focused BDCs, Horizon Technology Finance (NASDAQ: HRZN) is one of the closest peers to Hercules. By contrast, Ares has the ability to complete much more sophisticated deals, including leveraged buyouts. dividend yield.

Leveraged Buyouts 130

Leveraged Buyouts Exchange-Traded Funds Private Equity Firms Private Equity Firms 130

Private Equity Wire

AUGUST 18, 2023

Troutman Pepper adds to PE group Submitted 18/08/2023 - 11:49am Private equity debt financing partners Jonathan Homer and Bruce Stainers have joined Troutman Pepper's Corporate Practice Group in New York and San Francisco, respectively. Homer joins from Gibson Dunn and Steinert from Perkins Coie.

Leveraged Buyouts 52

Leveraged Buyouts Buyout Leveraging Debt 52

Private Equity Wire

JANUARY 29, 2024

Blackstone, the world’s largest private equity firm, has turned to direct lenders to help finance its $2.3bn acquisition of Rover Group, the world’s largest online marketplace for pet care, with the firm seeking about $250m of private debt, according to a report by Bloomberg. Some lenders have pushed for a higher price, however.

Buyout 67

Buyout Debt Leveraged Buyouts Private Equity Firms 67

The Motley Fool

JANUARY 17, 2024

Even after selling a big chunk of shares to finance his leveraged buyout of Twitter in 2022, Musk owns roughly 13% of Tesla. He added, "Unless that is the case, I would prefer to build products outside of Tesla." Why does Musk want more control of Tesla? So why does he want more control of the company?

Leveraged Buyouts 100

Leveraged Buyouts Buyout Leveraging Shareholders 100

The Motley Fool

DECEMBER 18, 2023

With companies that rely on considerable leverage in their operations, the rise in interest rates is still working its way through income statements. It could take some time for earnings to fall to reflect higher debt financing costs. Admittedly, P/E ratios aren't perfect.

Mergers and Acquisitions 130

Mergers and Acquisitions Leveraged Buyouts Buyout Leveraging 130

Private Equity Wire

JANUARY 24, 2024

Ultimately though, whether a record $10bn+ deal is agreed or not, depends on how well investment banks, the traditional source of finance for leveraged buyouts, manage to regain the ground they have lost to private lenders over the past 18 months or so, said Hirschmann.

Leveraged Buyouts 58

Leveraged Buyouts Buyout Leveraging Investment Banking 58

Financial Times M&A

APRIL 12, 2022

Banks no longer retain a monopoly on financing blockbuster leveraged buyouts

Buyout 52

Buyout Leveraged Buyouts Financing Finance 52

The Motley Fool

FEBRUARY 27, 2024

Image source: Getty Images Horizon Technology Finance: 10% dividend yield One of Hercules's biggest rivals is Horizon Technology Finance (NASDAQ: HRZN). While Hercules and Horizon tend to specialize in revolvers or term loans, Ares has the size and expertise to complete more complex transaction types, such as leveraged buyouts.

Leveraged Buyouts 130

Leveraged Buyouts Due Diligence Initial Public Offering Exchange-Traded Funds 130

Private Equity Insights

JUNE 30, 2023

Brookfield’s ascendance comes as some private equity firms struggle to complete buyouts amid shaky financing markets and rich price demands from sellers. “Brookfield are more active because they are looking at rather conservative, value-based assets that are still available at decent prices.”

Buyout 130

Buyout Private Equity Firms Private Equity Firms Leveraged Buyouts 130

The Big Picture

JANUARY 21, 2023

Prior to founding New Mountain Capital in 1999, Klinsky was co-founder of the leveraged buyout group at Goldman Sachs, where he helped execute over $3 billion of pioneering transactions for Goldman and its clients. He also explains how Forstmann Little was the white shoe alternative to the firms doing junk bond financing.

Leveraged Buyouts 61

Leveraged Buyouts Capital Buyout Leveraging 61

Private Equity Wire

AUGUST 25, 2023

The report cites unnamed sources as revealing that the transaction also includes a $150m revolving credit facility, putting the total package at $3.4bn – making it one of the largest private credit deals on record – and comes as direct lenders are pivoting to refinancing existing debt from tradionally funding leveraged buyouts.

Leveraged Buyouts 52

Leveraged Buyouts Buyout Leveraging Debt 52

Private Equity Wire

AUGUST 16, 2023

PE firms adding hedge funds to approved lender lists Submitted 16/08/2023 - 11:22am Private equity firms, including buyout major KKR & Co, are beginning to add hedge funds to their 'white lists' of approved lenders used to arrange funding for leveraged buyout deals, according to a report by Bloomberg. billion ($1.6

Hedge Funds 52

Hedge Funds Leveraged Buyouts Buyout Private Equity Firms 52

Private Equity Wire

SEPTEMBER 5, 2023

CVC recently made headlines by raising €26bn for the largest buyout find ever and the firm has also expanded into the secondaries market through the acquisition of Glendower Capital and groin its credit business, which provides financing for leveraged buyouts, among other things.

Leveraged Buyouts 52

Leveraged Buyouts Initial Public Offering Capital Buyout 52

Private Equity Wire

SEPTEMBER 5, 2023

CVC recently made headlines by raising €26bn for the largest buyout find ever and the firm has also expanded into the secondaries market through the acquisition of Glendower Capital and groin its credit business, which provides financing for leveraged buyouts, among other things.

Leveraged Buyouts 52

Leveraged Buyouts Initial Public Offering Capital Buyout 52

The Motley Fool

MARCH 6, 2024

Hercules is different from a typical bank as it tends to offer more flexible financing options. The company specializes in more complex transactions such as leveraged buyouts , for example. Hercules Capital: 10.6% Given its size, Ares also has more financial flexibility than a typical BDC.

Leveraged Buyouts 246

Leveraged Buyouts Initial Public Offering Shareholders Exchange-Traded Funds 246

The Big Picture

JANUARY 20, 2023

Tampa Bay Times ) • Is Michael Platt the Highest Earner in Finance? Prior to founding New Mountain Capital in 1999, he was co-founder of the Leverage Buyout Group of Goldman Sachs, where he did $3+ billion of transactions before joining Forstmann Little as a partner, where he oversaw $10+ billion in capital.

Leveraged Buyouts 106

Leveraged Buyouts Hedge Funds Buyout Depreciation 106

The Big Picture

JANUARY 19, 2023

Based on the 2019 Survey of Consumer Finances, what are the top 10%, top 5%, and top 1% of household incomes in the U.S.? That’s why they’re rerouting the pathways of global trade and finance. The median stock in the Russell 3000 is up 33% from its 52-week low, with energy and healthcare leading the way. But It’s Changing.

Leveraged Buyouts 106

Leveraged Buyouts Hedge Funds Buyout Financing 106

Private Equity Wire

NOVEMBER 1, 2023

Our strategy leverages this digital shift to enhance trade transparency and reduce human bias, positioning us to exploit market inefficiencies more effectively. A: The digital transformation has indeed been a catalyst in the systematic credit domain. markets.

Hedge Funds 88

Hedge Funds Leveraged Buyouts Capital Buyout 88

Private Equity Insights

MARCH 17, 2023

Lately, much attention has been lavished on Ares Capital, the unit created in 2004 to provide financing for middle-market acquisitions, recapitalizations, and leveraged buyouts. Perhaps so, but resentment among banks is bound to increase as Ares pushes into another lucrative domain of theirs — funding of leveraged buyouts.

Pension Funds 130

Pension Funds Buyout Asset Management Leveraged Buyouts 130

Udu

MAY 31, 2023

Fewer Large Leveraged Buyouts Tighter monetary policy and a more uncertain macroeconomic outlook make large lenders more hesitant to finance large leveraged buyouts. This could lead to a decrease in this type of buyout, as buyers may not be able to finance their acquisitions with debt.

Private Equity Firms 52

Private Equity Firms Private Equity Firms Leveraged Buyouts Buyout 52

Fortune Financial

AUGUST 7, 2023

It encompasses strategies such as venture capital, leveraged buyouts and investing directly in publicly-traded private equity firms. Venture Capital Venture capital investments focus on financing startups and early-stage companies with significant growth potential. between 2015 and the end of 2021.

Hedge Funds 52

Hedge Funds Portfolios Due Diligence Leveraged Buyouts 52

Fortune Financial

AUGUST 7, 2023

It encompasses strategies such as venture capital, leveraged buyouts and investing directly in publicly-traded private equity firms. Venture Capital Venture capital investments focus on financing startups and early-stage companies with significant growth potential. between 2015 and the end of 2021.

Hedge Funds 52

Hedge Funds Portfolios Due Diligence Leveraged Buyouts 52

Private Equity Wire

JUNE 27, 2023

Credit crusaders fill the wall street void Submitted 27/06/2023 - 1:54pm This article first appeared in the March 2023 T ech Buyouts Insights Report Private credit funds could become a more permanent fixture in tech’s leveraged buyout market thanks to their speed of execution and reliability, especially in challenging macroeconomic conditions.

Buyout 52

Buyout Leveraged Buyouts Debt Financing 52

Blackstone

NOVEMBER 16, 2023

With slower bank and leveraged loan growth, demand for partners in private credit is high. Private credit provided 65% of loans for the leveraged buyout (LBO) market in 2021 and 86% for the market as of year to date 2023. First, a low fund leverage profile increases fund liquidity and/or capital available for investment.

Leveraging 52

Leveraging Banks Debt Leveraged Buyouts 52

Axial

FEBRUARY 27, 2024

million in EBITDA seeking a growth-oriented partner and distressed businesses that are over leveraged and/or operate in out-of-favor sectors. We provide a wide range of financing structures, which include subordinated debt with warrants, preferred stock, and common equity. Source Capital has offices in Atlanta and San Francisco.”

Private Equity Firms 59

Private Equity Firms Private Equity Firms Buyout Mergers and Acquisitions 59

The Big Picture

JANUARY 24, 2023

And what was interesting was the first leveraged buyout of a public company happened when I was in graduate school. KLINSKY: In 1979, it was the first leveraged buyout of a public company. We had sold the family business, maybe buy another family business one day through a leveraged buyout.

Leveraged Buyouts 103

Leveraged Buyouts Private Equity Firms Private Equity Firms Mergers and Acquisitions 103

Pension Pulse

NOVEMBER 10, 2023

In this role, Mr. Jhooty is responsible for the Total Fund Management department where he leads the balancing and financing portfolio, which is invested in global public securities, as well as balance sheet management, tactical positioning, trading and portfolio design. through an equity financing round and a secondary transaction.

Investing 59

Investing Buyout Stakes Assets 59