Blockbuster Texas energy deal struggling
Recall that in October 2007, just as the financial bubble was reaching its zenith, the energy company TXU--now known as Energy Future Holdings--was bought out by a consortium of private equity firms,
Justin Adendorff Appointed Vice President of Barrier Advisors
DALLAS--(BUSINESS WIRE)-- Barrier Advisors, a nationally recognized middle-market restructuring, operations improvement and special situations investment banking firm, announces the promotion of
Blackstone Group, Carlyle Group, Wilbur Ross to buy bank
Historically, private equity firms have shied away from financial services companies, especially banks. The highly regulated nature of the business was thought to be a poor fit. As prices of
Forbes rich list reflects alternative investments
Bill Gates still rules the roost, with Warren Buffett in second. But Forbes' new list of the richest Americans is chock full of newbies, many of whom made their fortunes in private equity or hedge
Is the TXU deal in trouble now?
Kohlberg Kravis Roberts has taken some hits as of late, as have all financial sponsors. One more thing for it and
The thickest glass ceiling on Wall Street
In its inaugural issue, Portfolio magazine devotes an article to women in the private equity business. It notes that the industry can lay claim to a dubious distinction: "Some of the
...Other PE firms trail KKR by widening margin
There was a brief moment, not too long ago, when people thought Stephen Schwarzman, and the Blackstone Group, had eclipsed Henry Kravis and Kohlberg Kravis Roberts. Fortune had just named
ALSO NOTED: Schwab to pay $12 million to departing U.S. Trust exec; Lehman seeks more stock for compensation; and much more...
Company News:
> Texas Pacific Group has eye on Spanish airline. Article
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Perhaps the carry will not be taxed after all
We've noted recently that there is a movement afoot in Washington that would tax the
Benefits of private equity firm IPO are clear
When you think about it, it makes a lot of sense for private equity executives to rail against Sarbanes-Oxley and at the same time consider a public offering. True, they will have some compliance
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