pehub.com - 8/11/2009
—
Just because private equity is seeing some renewed enthusiasm doesn’t mean its “back.” Call me a pessimist, but remember that near-half a trillion dollars in corporate debt? It’s due in three years and it hasn’t gone anywhere. None of the indicators being discussed today –exits, increased deal ...
ft.com - 8/14/2009
—
ft.com —
Average first day returns on IPOs Scramble, scramble!
The rally in equity markets has caused a frenzy...
inside private equity firms, with plans aplenty for initial public offerings. Kohlberg Kravis Roberts wants to offload six portfolio companies, ...
(more)
FT.com / Lex / Finance & governance - Private equity ...
pheedcontent.com - 8/17/2009
—
pheedcontent.com —
It seems that no print publication is immune
from the wrenching changes in the publishing industry. Look...
at Reader's Digest . The company said it will likely file for a so-called prearranged Chapter 11 bankruptcy. The main reason: to pare down the heavy debt load. Continue reading Reader's ...
(more)
Reader's Digest: Another botched private equity deal
Comments
Blog Reactions
Hedge funds still not quite earning those 2-and-20s
FT Alphaville —
... whole, trading patterns indicate that investors do not believe the fundamentals of the market have changed. There are still a significant amount of illiquid assets on the secondary market that investors will not raise their bid levels for. So while it may be true that the “industry is continuing to build itself back up from the low points,” as HFR COO Scott Esser put it, in relative terms hedgies still have a long way to go before anyone can say, “ comeback .” Related links: It’s too early for private equity to be “back” - peHUB Hedge fund investors plagued by a ...
Tuesday links: hype cycle
Abnormal Returns —
... “Just because private equity is seeing some renewed enthusiasm doesn’t mean its “back.” (peHUB) ...
Morning Reads 8-12-2009
Portfolio Tilt —
... a Bottom in Dubai Real Estate? (WSJ) 8.) Why Does September Hate the Stock Market? (WSJ) 9.) Tent Cities Pop Up in Nashville (WSJ) 10.) Vibe's Resurrection Could Be Near (The Deal) 11.) Maxim and Playboy Possible Merger? (The Deal) 12.) Pimco's Gross Reduces Mortgage Holdings in July, Adds to Cash (Bloomberg) 13.) The Final Days of Merrill Lynch (The Atlantic) 14.) ISDA Launches Internet CDS Marketplace (ISDA) 15.) It's Too Early for Private Equity to be "Back" (PE HUB) 16.) What Happens to a Bad Insurer: ...
Related Content
A Good Private Equity Blog
financialrounds.blogspot.com 6/27/2009 — Thanks to Analyst Forum (one of my regular stops), I just came across a pretty good blog on Private Equity called The Private Equiteer . It has a lot of posts that go through the basics of the private equity world ( here's a list of many of them). ...
A Private Equity Pick-Up?
bespokeinvest.typepad.com 5/6/2009 — PowerShares has an ETF (ticker: PSP) that tracks private equity companies that are publicly traded. It's not news to anyone that private equity has been hit extremely hard throughout the financial crisis, and from its peak to trough over the last two ...
What do Private Equity Firms do all Day?
businessweek.com 7/26/2009 — What are people at private equity firms doing all day now that so few deals getting done? Suduko? Facebook?
According to a white paper by auditors Grant Thornton and the Association for Corporate growth, a private equity industry group, people at ...
Private Equity and the Financial Crisis
valueplays.blogspot.com 7/29/2009 — In this lecture filmed on April 11, 2008, Stephen Schwarzman, Co-Founder of Blackstone Group, a private equity firm, speaks about his experience in the industry. He discusses his thoughts on global finance, particularly at such an interesting and challenging point in the history of financial ...
No Exit for Private Equity Funds
dealbook.blogs.nytimes.com 7/21/2009 — Private equity funds are finding it extremely hard this year to cash out of their buyout deals, and the volume of "exit transactions" hasn't been this low since 2001, according to Dealogic.
Inside the Private Equity Game
nytimes.com 10/6/2009 — Flipped How Private Equity Dealmakers Can Win While Their Companies Lose | Related Article » In order to view this feature, you must download the latest version of flash player here .
A Private Equity Quagmire?
pensionpulse.blogspot.com 8/21/2009 — Bloomberg reports pension plans' private equity cash depleted as profits shrink : U.S. pension funds contributed to the record $1.2 trillion that private-equity firms raised this decade. Three of the biggest investors, state pensions in California, ...
Private equity to transform over 2
reuters.com 10/13/2009 — * Industry to grow larger than pre-bubble burst * Says private equity made mistakes in bubble * Deals will be smaller, less frequent; holding periods up (Adds quotes, fixes typo in bullet point) By Megan Davies and Nicolas Parasie DUBAI, Oct 13 ...
Private Equity Hedge Fund Secondaries
richard-wilson.blogspot.com 7 days ago — Hedge Fund Secondary Market
Private Equity Looks to Buy Illiquid Hedge Fund Stakes
Private equity firms are among the potential investors in the hedge fund secondaries market. Some hedge fund investors are still worried about liquidity after being stuck with illiquid hedge fund ...