Big Law’s Private Equity Frontier: McDermott Explores MSO Stake Sale
Law firm McDermott Will & Schulte said last week that it’s weighing a possible stake sale to private equity after being approached by multiple suitors. “This is all very...
Brookfield Evergreen Private Equity Fund Under Scrutiny Amid Distressed Holdings, Related-Party Concerns
Brookfield’s new evergreen private equity fund is facing early scrutiny as two of its holdings risk falling into distressed territory, raising questions...
Broadly Syndicated Loans Incorporate PIK as Private Credit Spreads Tighten
HPS Investment Partners Navigates $500M Asset-Backed Finance Fraud Allegations
Limited Partner Pressure Prompts Kirkland & Ellis Fund Formation Practice Review
Private Equity Sponsors Leverage Collateralized Fund Obligations Amid Regulatory Shifts
EDITOR'S PICKS
NEWS & INSIGHTS
Join the 60,000+ investment professionals who stay up to date with our newsletter. Deals, news, and trends delivered 2-3x per week.
Subscribe →Quest Software Launches Second Debt Exchange as Leverage Hits 11x
Clearlake Capital Group’s Quest Software is running its second debt exchange in three months, offering holders of its fifth-priority loan a below-par swap...
Labor Department Directed to Clear Private Markets Access for $12.5tn 401(k) Market
On Friday, President Donald Trump signed an executive order directing the Labor Department to clear the way for private equity, real estate,...
Carlyle Distributions Hit $6bn as Private Equity Unit Outpaces Peers
Carlyle Group’s private equity unit bucked the trend in Q2 and posted realizations that both beat Street expectations and many of its peers. The firm’s...
Private Credit Borrowers Pivot to Syndicated Market as Spreads Tighten
Buyout firms are taking advantage of a rebound in the broadly syndicated loan market to refinance existing private credit facilities with cheaper debt....
JPMorgan, Citigroup Launch Private Company Research Coverage
JPMorgan Chase and Citigroup are extending formal equity research coverage to large private companies for the first time. JPMorgan moved first with its...