Private equity eyes Nielson IPO nervously
Private equity-backed companies dominate the IPO pipeline as of now. Buyout firms are hoping the revival of the stock market will allow them to exit more companies. Roughly 25 private equity backed
Private equity comeback, part 2
When the Blackstone Group (Blackstone Group news) and Thomas H. Lee Partners proposed a $15 billion deal for Fidelity National Information Services, the media trumpeted the deal, which people thought
Private equity rebounds, despite Fidelity blow up
It was the biggest deal that wasn't of 2010: Fidelity National was the target of an eye-catching $15 billion private equity-backed buyout attempt by Blackstone Group, Thomas H. Lee Partners and TPG
The return of massive private equity deals
Bloomberg reports that the Blackstone Group, Thomas H. Lee Partners and TPG Capital are willing to pay more than $15 billion including debt for Fidelity National Information Services, which is a
A new new era for private equity?
Until the credit crunch socked the economy, we had bought into the idea that the private equity industry was in a Golden Era. The king pins of the buyouts game--the likes of Henry Kravis and Steven
Recovery in leveraged loan market?
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
SPOTLIGHT: Texas trial
This could get interesting. The Clear Channel trial is set to take place in a Texas state court. Citigroup, Morgan Stanley, and others who balked at financing the $19 billion deal on behalf of Bain
Banks still balking at Clear Channel deal
The Clear Channel saga continues, and it may end in court. At issue: Bank financing for the nearly $20 billion deal. The two buyout firms--Bain Capital and Thomas H. Lee Partners--seem willing to go
Who's to blame for the Refco mess?
Recall that commodities brokerage Refco collapsed in 2005, just a few months after its IPO. What a mess. But who is to blame? Well, adding yet another bit of bad news to the private equity industry's
More on hedge funds vs. private equity funds
There seems to be a bit more tension these days between hedge funds and private equity funds. One example: The $8 billion buyout of Aramark Corp. Goldman Sachs, CCMP Capital Advisors and J.P.
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