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Principal content
Hedge fund lock-ups
Why are investors in hedge funds willingly submitting to ever-longer lock-ups of their capital?
LBO runners up
With the leveraged buy-out market now turned on its head, some private equity investors who lost out are getting a second bite at the apple
Private equity’s future
For those wondering where private equity’s cash piles go next, watch TPG. The firm’s latest two mooted deals are anything but the mega-buy-outs that dominated last year, but have since become impossible
Private equity funding
Problem? What problem? Credit is frozen, equities are manic and several big leveraged buy-outs have collapsed in acrimony. Yet money continues to pour into private equity’s coffers
Hedge funds
In the hedge fund world, investing in a flexible fund following a multitude of investment strategies seems to pay off time and time again
Clear Channel brawl
Clear Channel and the sponsors claim the banks are derailing the deal by imposing shorter-term financing at the 11th-hour
Blackstone’s loss
Blackstone is hardly making it easy. Starting its fourth-quarter highlights with a focus on ‘pro forma adjusted reportable segment revenues’ is enough to put off most investors
3Com’s silver lining
Are regulators doing private equity a favour? During the boom, the lack of anti-trust risk for financial buyers, and their ability to move quickly, supposedly gave them an edge over strategic bidders in auctions
Private equity earnings misses
The big risk for public equities right now is that earnings fall off a cliff (declines of a third are conceivable). On this subject companies owned by private equity are deafeningly silent
