Private Equity - Business ExchangeMost Active Articles2009-11-25T13:58:17.803-05:00Business ExchangeBusiness_Exchange@businessweek.comurn:com:businessweek:bx:topic:most-active:private-equityEmily Thorntonethornton396Deal Economy 2010: Young on QBs as PE investors (Dealscapeurn:com:businessweek:bx:article:13822567180348701661-d7d40ed5f4d45745d78843e8989c656a2009-11-25T09:39:54.631-05:00What do Steve Young, Earvin (Magic) Johnson, Drew Bledsoe, David Robinson and Ronnie Lott have in common? They're all professional athletes turned private equity investors. In The Deal's video conversation, former NFL quarterback Young talks about...What do Steve Young, Earvin (Magic) Johnson, Drew Bledsoe, David Robinson and Ronnie Lott have in common? They're all professional athletes turned private equity investors. In The Deal's video conversation, former NFL quarterback Young talks about...thedeal.comhttp://www.thedeal.com/dealscape/2009/11/steve_young_the_super_bowl-win.phpBrennen Wysongbwysong5980000Deal Economy 2010: Eydenberg on PE IPOs (Dealscapeurn:com:businessweek:bx:article:699399184433837136-4fcc7721b8dd9542a90a67bd0eb253d52009-11-20T16:00:56.970-05:00John Eydenberg, head of the financial sponsor group at Deutsche Bank AG (NYSE:DB), says more private equity firms may in 2010 seek public market exits for portfolio companies. Historically, IPOs account for about a...John Eydenberg, head of the financial sponsor group at Deutsche Bank AG (NYSE:DB), says more private equity firms may in 2010 seek public market exits for portfolio companies. Historically, IPOs account for about a...thedeal.comhttp://www.thedeal.com/dealscape/2009/11/deal_economy_2010_eydenberg_on.phpBrennen Wysongbwysong59822002010 PRIVATE EQUITY COMPENSATION REPORT: Must-Read for PE Aspirantsurn:com:businessweek:bx:article:17178993419113711939-6975b36d76f31fe0745abae565ec7b412009-11-18T17:56:40.623-05:00Glocap Search, one of the preeminent retained executive search firm focused on the private equity industry, has released a new 2010 report on the Private Equity sector. You'll remember Glocap, and their Senior Partner and head of their private equity practice, Brian Korb, as a guest on our show about "Finance/Banking Salaries in the Current Economic Environment". See the highlights from this year's report. If you want to buy the whole report (a steal at $2195.00!) see link at the end.Glocap Search, one of the preeminent retained executive search firm focused on the private equity industry, has released a new 2010 report on the Private Equity sector. You'll remember Glocap, and their Senior Partner and head of their private equity practice, Brian Korb, as a guest on our show about "Finance/Banking Salaries in the Current Economic Environment". See the highlights from this year's report. If you want to buy the whole report (a steal at $2195.00!) see link at the end.mbapodcaster.comhttp://www.mbapodcaster.com/blog/2009/11/2010-private-equity-compensation-report.htmlMBA Podcasterlpirnia0485500Terra Firma writes down EMI valueurn:com:businessweek:bx:article:14893242390258236156-13c954519c97f07ffcbd5edbffa87a792009-11-16T23:41:17.869-05:00Terra Firma, the private equity house run by Guy Hands, has written its investment in EMI down by 90 per cent as it offers to put another £1bn ($1.7bn) into the struggling music group to restructure its debt.Terra Firma, the private equity house run by Guy Hands, has written its investment in EMI down by 90 per cent as it offers to put another £1bn ($1.7bn) into the struggling music group to restructure its debt.ft.comhttp://www.ft.com/cms/s/0/e238dac8-d2ed-11de-af63-00144feabdc0.htmlSubrahmanyam KVJskvj6314301Deal Economy 2010: Steve Young quarterbacks PE (Dealscapeurn:com:businessweek:bx:article:3024736648854054355-5622d75ea3ca1b8d4582e8c8e96a5bc52009-11-19T14:02:03.887-05:00Huntsman Gay Global Capital LLC managing director Steve Young knows a thing or two about challenges. He replaced Joe Montana as the San Francisco 49ers quarterback, who Young admits was one of the greatest quarterbacks of all time. All Young did...Huntsman Gay Global Capital LLC managing director Steve Young knows a thing or two about challenges. He replaced Joe Montana as the San Francisco 49ers quarterback, who Young admits was one of the greatest quarterbacks of all time. All Young did...thedeal.comhttp://www.thedeal.com/dealscape/2009/11/deal_economy_2010_steve_young.phpBrennen Wysongbwysong5980000Hiring for return of PE, smaller LBOs (Dealscapeurn:com:businessweek:bx:article:7135812028119693324-a9b7863002fb6d35b66cb2eedc404b5f2009-11-09T15:38:21.843-05:00Are the darling days for corporate dealmaking over? With private equity's two-year slumber in the credit crunch, cash-rich strategics were left to pursue targets with freedom. But with the crunch easing and markets appearing to stabilize, private...Are the darling days for corporate dealmaking over? With private equity's two-year slumber in the credit crunch, cash-rich strategics were left to pursue targets with freedom. But with the crunch easing and markets appearing to stabilize, private...thedeal.comhttp://www.thedeal.com/dealscape/2009/11/i-banks_hiring_for_return_of_p.phpBrennen Wysongbwysong5989900Swedes Want More Financier Pay Capsurn:com:businessweek:bx:article:7877812491744189789-df0e0c75b7c9b04cbe9fb76cb0c1fd812009-11-13T18:45:49.960-05:00The Swedish EU presidency has indicated that it favours pay restrictions for hedge fund and private equity managers similar to those currently being debated for European bankers. The plans will be contained in the latest package of proposed...The Swedish EU presidency has indicated that it favours pay restrictions for hedge fund and private equity managers similar to those currently being debated for European bankers. The plans will be contained in the latest package of proposed...BusinessWeekhttp://www.businessweek.com/globalbiz/content/nov2009/gb20091113_627385.htmAndy Reinhardtareinhardt6260000How Private Equity Could Rev Up the U.S. Economyurn:com:businessweek:bx:article:15798399905469452943-4ca6db4b6869f99ad677d465b5c9e8f72009-05-08T09:58:19.845-04:00Two out of five private equity firms will disappear. The rest will feast off the financial wreckage.Two out of five private equity firms will disappear. The rest will feast off the financial wreckage.BusinessWeekhttp://www.businessweek.com/magazine/content/09_20/b4131028553342.htm?chan=top+news_top+news+index+-+temp_top+storyJoanne Leejlee04515114830Northrop Grumman to sell Tascurn:com:businessweek:bx:article:10562474566871957419-76a6fdf6c6f461a25ca8532932907a482009-11-09T15:45:00.959-05:00Defense contractor Northrop Grumman Corp. (NYSE:NOC) said Sunday it is selling its military intelligence unit Tasc Inc. for $1.65 billion in cash to an investor group led by General Atlantic LLC and affiliates of Kohlberg Kravis Roberts & Co.Defense contractor Northrop Grumman Corp. (NYSE:NOC) said Sunday it is selling its military intelligence unit Tasc Inc. for $1.65 billion in cash to an investor group led by General Atlantic LLC and affiliates of Kohlberg Kravis Roberts & Co.thedeal.comhttp://www.thedeal.com/corporatedealmaker/2009/11/northrop_grumman_to_sell_tasc.phpBrennen Wysongbwysong5980000Moody's warns about mega LBOs (Dealscapeurn:com:businessweek:bx:article:17993018659254716899-eff0c2d8999f18e3f46ae206458d91522009-11-05T15:27:47.439-05:00That worrying wall of debt" that The Deal magazine warned about in June is already beginning to impact the 10 largest leveraged buyout deals financed between 2005 and 2007, according to a new study from Moody's Investors Service (NYSE:MCO).That worrying wall of debt" that The Deal magazine warned about in June is already beginning to impact the 10 largest leveraged buyout deals financed between 2005 and 2007, according to a new study from Moody's Investors Service (NYSE:MCO).thedeal.comhttp://www.thedeal.com/dealscape/2009/11/moodys_tracks_10_mega_lbos.phpBrennen Wysongbwysong5984400Despite Slump, Venture Firm Sets Up $575 Million Fundurn:com:businessweek:bx:article:18267328976609773413-e24f9466e49957d4b7525811c1f476292009-11-03T07:13:43.016-05:00ven amid the contraction of the venture capital industry, which fertilizes the seeds of new technology start-ups, some firms are expanding.
On Monday, Greylock Partners, which has backed Facebook and LinkedIn, announced that it had put together a new $575 million fund, one of the biggest to be created in the last year. It has also hired a new partner, Reid Hoffman, the founder of LinkedIn and an active investor in early-stage start-ups. ven amid the contraction of the venture capital industry, which fertilizes the seeds of new technology start-ups, some firms are expanding.
On Monday, Greylock Partners, which has backed Facebook and LinkedIn, announced that it had put together a new $575 million fund, one of the biggest to be created in the last year. It has also hired a new partner, Reid Hoffman, the founder of LinkedIn and an active investor in early-stage start-ups. New York Timeshttp://www.nytimes.com/2009/11/03/technology/start-ups/03venture.html?th&emc=thCourtney Hurleychurley3313300Tishman, BlackRock take down 'for rent' sign (Dealscapeurn:com:businessweek:bx:article:5791693028696302538-b1b1abfaaae1d97b021cb00863b20e8d2009-10-30T16:36:59.544-04:00Tishman Speyer Properties and BlackRock Realty are taking the "for rent" sign down on apartments in its troubled New York City real estate investment, Stuyvesant Town Peter Cooper Village. The owner of the 11,000-plus apartment development has put a...Tishman Speyer Properties and BlackRock Realty are taking the "for rent" sign down on apartments in its troubled New York City real estate investment, Stuyvesant Town Peter Cooper Village. The owner of the 11,000-plus apartment development has put a...thedeal.comhttp://www.thedeal.com/dealscape/2009/10/tishman_blackrock_take_down_fo.phpBrennen Wysongbwysong5983300PE firms may get IPOs, have to wait on profits (Dealscapeurn:com:businessweek:bx:article:321174854553682845-8dab5b3c046e86a91685e1a6cde49c9c2009-10-29T13:33:37.605-04:00Wednesday was a good day for private equity-backed IPOs as two different portfolio companies made their debut on U.S. exchanges and another buyout shop was able to sell down its stake in a secondary offering. But whether or not it was a particularly...Wednesday was a good day for private equity-backed IPOs as two different portfolio companies made their debut on U.S. exchanges and another buyout shop was able to sell down its stake in a secondary offering. But whether or not it was a particularly...thedeal.comhttp://www.thedeal.com/dealscape/2009/10/ipo_returns_vitamin_shoppe_add.php#atBrennen Wysongbwysong5983300Large endowments overloaded on PE (Dealscapeurn:com:businessweek:bx:article:11105565114844747887-5b2431256e57de090a597773f94d60d02009-10-28T15:13:39.624-04:00Over the years, private equity has become one of the main components of the endowment diet, with the average fund allocating almost 11% to the class. However, many of those institutions now seem to have their fill. A Preqin survey of 100 endowments...Over the years, private equity has become one of the main components of the endowment diet, with the average fund allocating almost 11% to the class. However, many of those institutions now seem to have their fill. A Preqin survey of 100 endowments...thedeal.comhttp://www.thedeal.com/dealscape/2009/10/key_points_include27_of_all.php#atBrennen Wysongbwysong5983300Carlyle-Backed Internship Program Targets PE Diversity - Private Equity Beaturn:com:businessweek:bx:article:1859502471972595841-7c5a5832a928e55d4b501f5045249c112009-10-29T14:46:17.109-04:00By Laura Kreutzer The private equity industry has long been criticized for the overwhelmingly white male composition of its senior professional ranks. But this year, a couple of the industry’s largest buyout shops have taken steps aimed at opening...By Laura Kreutzer The private equity industry has long been criticized for the overwhelmingly white male composition of its senior professional ranks. But this year, a couple of the industry’s largest buyout shops have taken steps aimed at opening...blogs.wsj.comhttp://blogs.wsj.com/privateequity/2009/10/22/caryle-backed-internship-program-targets-pe-diversity/Geoff Gloecklerggloeckler2352200Investment Indigestion at Stanford - DealBook Blogurn:com:businessweek:bx:article:10303598797054924791-fe91d43f2207219bb6ca159c1d7ccf5e2009-10-06T10:39:12.561-04:00Stanford Management, investing for the university, injected a major portion of its funds into private equity, real estate and other illiquid investments when times were good — committing some $12.6 billion of the university’s endowment, Andrew Ross...Stanford Management, investing for the university, injected a major portion of its funds into private equity, real estate and other illiquid investments when times were good — committing some $12.6 billion of the university’s endowment, Andrew Ross...dealbook.blogs.nytimes.comhttp://dealbook.blogs.nytimes.com/2009/10/06/investment-indigestion-at-stanford/Emily Thorntonethornton3966600PE turnaround at Toys 'R' Us overlooked (Dealscapeurn:com:businessweek:bx:article:5851014128884895447-64982691bb3c5e8762ef05ebdaca090f2009-10-27T15:43:20.051-04:00Private equity firms get the short shrift from the mainstream media. When a deal blows up in their faces, major news outlets are often quick to point fingers at buyout shops and portray them as greedy villains. Case in point, the bad press PE...Private equity firms get the short shrift from the mainstream media. When a deal blows up in their faces, major news outlets are often quick to point fingers at buyout shops and portray them as greedy villains. Case in point, the bad press PE...thedeal.comhttp://www.thedeal.com/dealscape/2009/10/media_overlooks_pe_turn_around.php#atBrennen Wysongbwysong5981100Bidders to ante up $800M for Travel Channel (Dealscapeurn:com:businessweek:bx:article:9192214975944368906-d2b03ea9fc843a55eb1dcc08f6c658c52009-10-28T15:20:34.187-04:00Cox Communications Inc. (NYSE:COX) may soon have some extra travel money in its pocket as the auction for its Travel Channel Media cable network approaches a finale. Multiple sources tell Bloomberg that front-runners News Corp. (NASDAQ:NWSA) and...Cox Communications Inc. (NYSE:COX) may soon have some extra travel money in its pocket as the auction for its Travel Channel Media cable network approaches a finale. Multiple sources tell Bloomberg that front-runners News Corp. (NASDAQ:NWSA) and...thedeal.comhttp://www.thedeal.com/dealscape/2009/10/travel_channel_auction_cox_nws.php#atBrennen Wysongbwysong5980000BC Partners bucks trend (Dealscapeurn:com:businessweek:bx:article:6010594021687536714-eac52b23645785957e94550d66d3cc102009-10-26T14:24:40.940-04:00Despite reports to the contrary, London buyout shop BC Partners Ltd. is bucking the trend of problems facing other European private equity firms. By the time the investment period for BC Partners' €5.5 billion ($8.3 billion) eighth fund expires in...Despite reports to the contrary, London buyout shop BC Partners Ltd. is bucking the trend of problems facing other European private equity firms. By the time the investment period for BC Partners' €5.5 billion ($8.3 billion) eighth fund expires in...thedeal.comhttp://www.thedeal.com/dealscape/2009/10/bc_partners_bucks_trend.phpBrennen Wysongbwysong5981100Oppenheimer's Heinberg on bake-offs for PE exits (Dealscapeurn:com:businessweek:bx:article:10694327937749591107-7f81356bddb4b184f0fdaf6df3fe5b0c2009-10-26T14:27:41.798-04:00Marshall Heinberg, the head of investment banking at Oppenheimer & Co., says that although middle market dealmaking has been slow, bake-offs for private equity exits with dual track alternatives are starting up...Marshall Heinberg, the head of investment banking at Oppenheimer & Co., says that although middle market dealmaking has been slow, bake-offs for private equity exits with dual track alternatives are starting up...thedeal.comhttp://www.thedeal.com/dealscape/2009/10/oppenheimers_heinberg_on_bake-.phpBrennen Wysongbwysong5981100Gartmore Edges Closer to $815 million IPOurn:com:businessweek:bx:article:10471791877173113914-8c9032f45171db06a6a7fba28a42d08b2009-10-27T21:17:20.966-04:00Asset management firm Gartmore Investment Management is looking to benefit from a projected $815 million initial public offering on the London Stock Exchange. According to the Financial Times, the firm will register its initial offering plans with...Asset management firm Gartmore Investment Management is looking to benefit from a projected $815 million initial public offering on the London Stock Exchange. According to the Financial Times, the firm will register its initial offering plans with...hedgetracker.comhttp://www.hedgetracker.com/article/Gartmore-Edges-Closer-to-815-million-IPOTodd Walkerrwienke0850000The Ultimate Bubble? urn:com:businessweek:bx:article:1631106804025806505-a5a07cc9acbcbc1d24802c53b0f2e3f22008-12-30T13:08:53.367-05:00Michael Wolff's Feb. 2009 Vanity Fair feature on private equity: "the guessing game is which big private-equity firm will be first to go bust. But the smoke and mirrors that wrecked the global economy might actually save the likes of K.K.R. and Blackstone."Michael Wolff's Feb. 2009 Vanity Fair feature on private equity: "the guessing game is which big private-equity firm will be first to go bust. But the smoke and mirrors that wrecked the global economy might actually save the likes of K.K.R. and Blackstone."The Latest From VanityFair.comhttp://www.vanityfair.com/politics/features/2009/02/wolff200902Shirley Bradysbrady224959410More Sun Capital Layoffs, More Questionsurn:com:businessweek:bx:article:9285700059485743159-79b3e7dba137c48727b705332176af492009-03-03T17:24:02.474-05:00Two months ago, we reported that Sun Capital Partners had laid off just over 10% of its 200-person staff. My gut take was one of confusion. Shouldn’t a distressed investor like Sun be preparing for its salad days? Doesn’t Sun need an outsized...Two months ago, we reported that Sun Capital Partners had laid off just over 10% of its 200-person staff. My gut take was one of confusion. Shouldn’t a distressed investor like Sun be preparing for its salad days? Doesn’t Sun need an outsized...pehub.comhttp://www.pehub.com/33045/more-sun-capital-layoffs-more-questions/Emily Thorntonethornton396707000LBO-Backed Bankruptcies 2009: One Month, 11 Downurn:com:businessweek:bx:article:12716836807699087319-06051a1ce4ce7000934e29b67419c5cd2009-02-09T17:38:23.075-05:00Just over a month into 2009 and we’ve already seen 11 LBO-backed bankruptcies. That’s up over the eight we had this time last year, but nowhere near the massive wave some were predicting. In fact, the size of these bankruptcies has also been much...Just over a month into 2009 and we’ve already seen 11 LBO-backed bankruptcies. That’s up over the eight we had this time last year, but nowhere near the massive wave some were predicting. In fact, the size of these bankruptcies has also been much...pehub.comhttp://www.pehub.com/30445/lbo-backed-bankruptcies-2009-one-month-down/Emily Thorntonethornton396646400Skype Lawsuit May Complicate Saleurn:com:businessweek:bx:article:7630314677637809037-8f9c95400a5049a14fc1be2efe12d8f72009-09-17T10:21:11.642-04:00Skype Lawsuit May Complicate Sale Posted by: Douglas MacMillan on September 16 Four years ago, Swiss venture capital firm Index Ventures became one of the first backers of Skype. Now, just two weeks after Index and a group of private investors...Skype Lawsuit May Complicate Sale Posted by: Douglas MacMillan on September 16 Four years ago, Swiss venture capital firm Index Ventures became one of the first backers of Skype. Now, just two weeks after Index and a group of private investors...BusinessWeekhttp://www.businessweek.com/the_thread/techbeat/archives/2009/09/skype_lawsuit_m.html?chan=technology_technology+index+page_top+storiesTom Gilestgiles6033111