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This is jarring: Financial sponsor activity has generated $10 billion in investment banking revenues so far this year. That's about one-third higher than last year. So it looks like we're on track... Read more...
The news that Nuveen was purchased by private equity firm Madison Dearborn Partners is yet another example of how private equity funds are increasingly going after financial services funds.... Read more...
The competition to buy companies is as hot as ever, and that is forcing would-be purchasers to some eye-opening offers. TheDeal.com notes a few anecdotes about one buyout sponsor agreeing... Read more...
The financial services sector is notorious for its many regulations, which has held private equity firms at bay. Things are changing however. With lots of cash at their disposal and pressure to find... Read more...
Fortune has a thoughtful look at the deal for Kinder Morgan. Hard to believe but when the $13.5 billion deal was announced about a year ago, it was the second largest in history.... Read more...
Cerberus Capital Management doesn't have the profile of other top private equity firms. But its deal for Chrysler has put it in the spotlight. It's known for its turnarounds of course. Which usually... Read more...
A new study has found that private equity buyers tend to pay less for companies than other publicly traded companies. Four professors have looked at cash deals for public companies from 1990 to... Read more...
Who would have thought that farmers would have drummed up so much interest from private equity firms and even some hedge funds? So far, only a handful of deals to buy farm and ranch land have... Read more...
Not too long ago, a few banks shied away from private equity activity because they did not want to compete with their clients. Lehman Brothers for one has stuck to this. That proved to be a... Read more...