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Ares’s Bennett Rosenthal, Apollo’s Josh Harris bullish on distressed debt Markets “ready and expecting some sort of downturn,” says Rosenthal “Our flow of distressed-for-control investments has increased,” says Harris Ares Management and Apollo Global Management expect to deploy their new private equity funds in distressed for control deals, a departure from the traditional buyouts that […]
Jeff Horing, co-founder and managing director at Insight Venture Partners, thinks the IPO environment may improve toward the end of 2016 if the markets can recover. “I suspect there are a lot of substantial private companies that could be candidates. I think our world of tech/software PE will remain aggressive and competitive,” he said. *** […]
With the reigning kings of private equity approaching or exceeding the age at which many others choose to retire, the issue of succession remains a concern among LPs.
The Carlyle Group, one of the world’s largest private equity firms, has closed its fourth Asia fund at $3.9 billion, the second-largest private equity fund ever raised for Asia investments
Brett, your firm operates as a fund of funds, but you also do quite a bit of co-investing. How has that benefited Star Mountain’s investments on a fund manager and portfolio company level? (See related video here)
Guardian Life Insurance Company of America may sell up to 10 percent of its private equity portfolio on the secondary market, Buyouts has learned.
Limited partners that invest in first-time or other young private equity funds say that emerging managers present some risks, but they often outperform their more established peers in an effort to prove themselves.
Madison Dearborn Partners plans to begin fundraising for its next fund later this year, probably in the second half, said Chairman John Canning.
David C. Turner, who seven years ago started a private equity portfolio for the Guardian Life Insurance Company of America and led its growth to more than $1 billion, is stepping down effective May 30. Turner will hand the reins to Managing Director Maurice Gordon. (See video interview of Maurice Gordon from June 2014 here.)
University of Texas Investment Management Co’s Bruce Zimmerman said Carlyle Group’s recent hiring of JPMorgan’s Michael Cavanagh marks an example of private equity firms becoming bigger and more institutionalized. (See related video here.)