Commercial Banks and I-Banks: Not a Natural Fit

By Kelly DePonte — 11 years ago

I believe that there are natural reasons for commercial banks to get out of private equity investing: Commercial bank on-balance sheet capital is quite different from that of I-banks, and the issue of conficts for I-banks is real. First some perspective – I worked for a commercial bank in the US for 15 years, the […]

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Technology in PE

By Jon Nieman — 11 years ago

There are some interesting technologies that I have come across in private equity that I wanted to talk about and would love to hear feedback from you all. In structured products involving private equity, there are some compelling technologies involving cash flow modeling, risk analysis and other related tools. For instance, I know of one […]

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Mega Funds with Nostalgia?

11 years ago

I’ve heard that TPG is starting a “small buyout fund” or a mid-market fund. We’re not investors, but I would think LPs would be troubled unless they are adding some kind of new team under the TPG brand (which would be a separate issue, and something the Draper folks might have an opinion on). I […]

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Risky Business??

11 years ago

When you look at the classic risk-return charts presented by general consultants, private equity is the proud resident of that top right quadrant – often so far out there it appears lonely. Why does this matter or why should we care? Well, it is this perception of private equity that determines its positioning inside investors’ portfolios. Today, […]

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BFE – Best Flip Ever?

11 years ago

It’s difficult to imagine what the group did to pretty-up Hertz for a public sale in that amount of time. So is this yet another complaint about mega-funds flipping companies while adding little value? No, because as Canada Bill Jones famously said, “it’s immoral to let a sucker keep his money.”

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VCs and the Public Markets

11 years ago

I’ve always thought that entrepreneurs don’t really understand VCs, and I’ve always been SURE that (most) VCs don’t understand investment bankers and the public stock market. So I guess I wasn’t all that surprised when I heard two opposing comments from different life sciences VCs at a recent conference. The first argued that today’s public […]

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Large-cap Buyout Binge Implications

11 years ago

After sorting through about ten potential launch topics, I decided to write my first post on the growing concentration in mega and large-cap leveraged buyout funds in the U.S market. One could make a convincing argument that the returns from this small group of funds will be less variable than the returns from the broader […]

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LPs Co-Investing

By Jeffrey Walker — 11 years ago

We have found that a number of our limited partners have created very professional groups to co-invest with us in deals. These groups are so responsive that we can approach them quickly, and have them take significant co-invest pieces of our deals — whereas in the previous years we might have brought in another private […]

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PE Activity in Central America (CableTV)

By Adrian — 11 years ago

I wanted to share with other fellow readers a recent transaction closed by our investor group ($250M+ EV) in the cable & broadband industry in Central America. There has been some intense activity in this sector with other funds managed by Carlyle, Warburg Pincus, Cinven, Fintech that is worth a look. REsults by public cable […]

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