Jennifer Harris
There are roughly four ways for GPs to 'top up' the capital in an existing fund, but each method comes with some harsh concessions
US legislators want regulators to determine if certain structures encourage undue risk taking at finanical firms with more than $1bn in assets.
Today the US House of Representatives voted to pass bill that will give the SEC and the Federal Reserve the power to regulate compensation at financial institutions with more than $1 billion in assets.
The outcome of Huntsman's lawsuit against Credit Suisse and Deutsche Bank could cause lenders and private equity sponsors alike to be choosier about closing conditions, writes Jennifer Harris.
US private equity firm Northern Lights Ventures shows how even smaller firms can get into the financial institutions game with a little creativity, writes Jennifer Harris.
Distributions were slow and budgets were tight last year, leading to salary freezes for many investor relations professionals.
The Delaware Chancery Court recently ruled that Blackstone doesn’t owe Alliance a termination fee – sticking to a strict interpretation of the language in the merger agreement.
In the private equity real estate world, fund sponsors are giving ground to their investors.
The publicly traded buyout firm, which defaulted on $2.3bn of unsecured debt in March, told shareholders a Chapter 11 bankruptcy is unlikely.
In its third lawsuit in six years, Levine Leichtman has claimed Apollo failed to mark down assets used to collateralise its debt.