FierceFinance is the financial services daily monitor, with news covering the banking industry, asset management, capital markets and SEC regulations. Join
45,000+ bankers and fund managers who get FierceFinance via email for a quick daily briefing from an insider perspective. Sign up today!
The private equity industry unfortunately has a long history of train wrecks when it comes to private investments in public entities (PIPEs). The most recent: TPG Capital's $1.35 billion loss on its... Read more...
IDD reports that the syndicated loan market is still struggling. A big part of that is the on-going drought in leveraged loan issuance, which reflects largely the slowdown in LBO activity. New... Read more...
When private equity companies started buying technology companies, many hailed it as bold new step. These firms were not seen as ideal candidates for taking on cringing debt loads, given the... Read more...
No one should be all that surprised that private equity returns slowed a bit toward the end of the year. In the third quarter, the slowdown was spread across all classes, buyout, venture capital,... Read more...
Citigroup coined the term 'involuntary asset growth' to refer to the phenomena of banks being forced to add troubled securities to their balance sheets. All kinds of 'growth' is in the works these... Read more...
There are two ways to look at the fact most private equity executives expect lower returns in the next year, according to a new survey by Financial News Online. On the one hand, they would know, and... Read more...
For private equity executives, these are the times that really make your name. Some will shine and will be richly rewarded when all this passes by. Allowing a deal to blow up is really not an option... Read more...