Tag:
Henry Kravis
Latest Headlines
Latest Headlines
KKR's Kravis on the deal environment
It's no secret that the private equity industry has stumbled as of late.
The Golden Era, when the likes of Henry Kravis and Steve Schwarzman were near-heroes in New York, has long passed. The financial crisis has ushered in a period of highs costs and near-impossible exits. That situation seem
KKR founders' stake in company tops $800 million each
Kohlberg Kravis Roberts & Co. is moving apace toward a public listing on the NYSE ( NYSE news). As part of that process, it is making more information about itself available via regulatory filings. The latest, according to Reuters , reveals that founders Henry Kravis and George Roberts
Private equity firms in frenzy for deals
People have been predicting the return of big private equity deals ( private equity news) for a year now. So far, we're still waiting. Really good deals are fewer and farther between--witness the industry's willingness to jump into ever smaller, ever more complicated deals for banks.
The fa
KKR takes a bow toward Forstmann Little
In his prime, Teddy Forstmann was a force in the private equity industry. But he was always overshadowed a bit by his archrival Henry Kravis, who is still going strong while Forstmann retired from the private equity ( private equity news) world in 2004. Their most famous duel was chronicled i
The real power at JPMorgan Chase
TheStreet.com weighs in with an interesting piece on JPMorgan Chase vice chairman James Bainbridge Lee Jr.--the man whose office is right next to Jaime Dimon's. He seems to be an outsized personality, the stuff of novels and legend. "There is no doubt Lee is still viewed by many executives in
KKR to go public after all?
Recall that Kohlberg Kravis Roberts had not given up on its plans to become a publicly traded private equity firm, following in the steps of Blackstone Group. KKR's efforts depended on a deal that would list the firm in New York and simultaneously buy out shares of its Europe-listed fund, KKR Priv
Top PE firms to develop banking expertise?
"We can adapt, be part of the solution, or fold up our chairs and exit stage left," said none other than Henry Kravis. But adapting in the private equity industry today means a kind of reverse evolution, really. Many firms will evolve into managers of distressed debt, corporate lenders and very lo
Was Kravis forced to sell art?
How tough is this economy? Well, private equity kingpin Henry Kravis sold an Edgar Degas this week via a Sotheby's auction. The piece fetched just over $37 million, a new record for the French master, notes Breakingviews, which nevertheless recommends that Kravis stick to private equity transa
KKR's timing stokes questions
The New York Times weighs in with a lengthy piece on Kohlberg's Kravis Roberts decision to go public via a reverse merger with its Dutch financial affiliate. It notes that Henry Kravis has been thinking about how to go public for about five years. It offers an interesting account of how the de
Fortune Power 25 short on bank execs
The most powerful business people on the planet. You might think that the financial world would be well represented. Perhaps two years ago, they would have been more plentiful on the list. But only four financial services executives made the list. Goldman Sachs ' CEO Lloyd Blankfein was the hi
