For L.B.O.'s, the Key Is Less Risk, Not None
The head of ICG told an audience at Super Return 2010 that for leveraged buyouts, lenders were looking to simplify risks, but weren't shying away from them.
View ArticleOaktree's Chairman Urges Faith - and Restraint
Oaktree Capital Management's Howard Marks told the Super Return 2010 conference in Berlin that the current economic recovery should inspire hope in investors -- and restraint.
View ArticlePrivate Equity's Tough Fund-Raising Test
Two private equity heavyweights, Guy Hands of Terra Firma and David Rubenstein of the Carlyle Group, predicted at Super Return 2010 on Wednesday that this year will test their industry's fund-raising...
View ArticleWhen Private Equity's Geniuses Fail
Scott M. Sperling, the co-president of THL Partners, told an audience at the Super Return 2010 conference that the market has constantly boomed and busted. And each time the cause is essentially the...
View ArticleThe Delicate Act of Dealing With Regulators
Private equity executives preparing for dealing with regulators and heightened regulations face a balancing act, Richard Thornburgh, the vice chairman of Corsair Capital, said at the Super Return 2010...
View ArticleP.E. Should Forget Financial Engineering
To succeed when cheap debt isn't as available as it once was, private equity firms should refocus on their traditional task, turning around companies, two industry veterans said at the Super Return...
View ArticleEuropean Rules Draw Heated Debate
A heated debate broke out at the Super Return 2010 conference as executives of the private equity industry squared off against regulators and representatives of unions to air their differences about...
View ArticleCarlyle's Rubenstein Predicts Social Media Activism
As Mideast revolutionaries embrace Facebook and Twitter, David Rubenstein of the Carlyle Group wonders whether shareholders activists will soon take their fights online, too.
View ArticleLeon Black: Market Is 'Hot,' Not 'Overheated'
At an industry conference on Tuesday, the founding partner of Apollo Global Management was optimistic about private equity, provided the economy remained on track.
View ArticlePrivate Equity's 'Get Out of Jail Free' Cards
Lifelines like bank bailouts were crucial to the survival of private equity firms during the financial crisis, Terra Firma's Guy Hands said. But the industry may not be as lucky next time.
View ArticleOaktree's Marks Says It's Time to Be 'Cautious'
At the SuperReturn conference in Berlin, the chairman of Oaktree Capital recommended that investors focus more on bonds than stocks and temper leverage in the current climate.
View ArticleAt SuperReturn, Private Equity Looks in the Mirror
Does private equity add value to the companies it owns? Some of the time, say the industry's own participants.
View ArticleBonderman Sees a Return of Big Private Equity Deals
The founding partner of TPG Capital says deals of $10 billion to $15 billion are once again possible. David Bonderman is also bullish on deals in emerging markets.
View ArticleActivist Investors Turn to Social Media to Enlist Support
As activism moves to the Web, investors are testing online technologies to reach small shareholders, find potential allies and coordinate proxy votes.
View ArticleIn Europe, Entry Closes on Start-Ups With Their Foot in the Door
An unregulated offshoot of the Frankfurt Stock Exchange that gives small companies access to capital markets is closing because of fraud complaints, leaving hundreds of companies scrambling to find an...
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