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We noted recently that private equity firm Apollo has been among the most active beneficiaries of PIK toggle features in bond issues. Which basically allow portfolio companies to pay interest with... Read more...
The Telegraph reports that British mortgage firm Bradford & Bingley will pay Goldman Sachs an advisory fee even though a deal with private equity firm TPG fell apart.... Read more...
Fortune has come out with a list of top private equity firms according to recent fund raising activity, and the big winner is the Carlyle Group. Yes, its mortgage-backed securities fund stumbled, but... Read more...
The New York Times notes that the Carlyle Group for the longest time had a PR problem. It was seen as the "ultimate Washington insider" with ties to the government, business and the military.... Read more...
Most of us could use a bit of good news. How's this? According to Financial News Online, private equity backed initial public offerings have fared well over the past five years. In fact, they... Read more...
It sounds like one of those vanity investments. But a private equity firm called Vinum Capital has started a fund that will focus on wineries. A lot of deals are expected in California. Read more...
Back when the subprime crisis had not fully bloomed, there were a few brave souls who were convinced--absolutely!--that the mortgage edice was about to crash. You can imagine the pitch meetings.... Read more...
You would have thought, in part because of the performance of the Blackstone Group in the aftermarket, that private equity firms that wanted to go public had given up on the idea. But the Apollo... Read more...