Amanda Janis
For the second year running Blackstone was the biggest single generator of financial sponsor-driven revenue for investment banks, paying $646 million in fees last year.
For the second year running Blackstone was the biggest single generator of financial sponsor-driven revenue for investment banks, paying $646 million in fees last year.
The buyout group continues to enhance its debt market activities with closure of its first ever ‘credit liquidity’ fund.
The private equity firm has agreed to buy $500 million in common shares of MBIA Insurance, and has backstopped an additional $500 million for a shareholder rights offering to be held in the first quarter of 2008.
This week the billionaire investor helped clear the backlog of LBO-related debt. Amanda Janis examines the actions by the ‘Oracle of Omaha’.
The educational publishing house has agreed to sell its college-related arm to the consortium, which will add it on to Cengage, the former Thomson Learning division it acquired in July for $8 billion.
Bill Richardson is the latest Democratic Presidential candidate to join the carried interest debate on Capitol Hill – but unlike his peers, he does not endorse the tax-raising proposals carte blanche.
Bill Richardson is the latest Democratic Presidential candidate to join the carried interest debate on Capitol Hill – but unlike his peers, he does not endorse the tax-raising proposals carte blanche.
In the latest example of a private equity firm acquiring a Canadian income trust following a change to Canada's tax policy, Sentinel will pay $57 million to reacquire yarn company Spinrite.
In the latest example of a private equity firm acquiring a Canadian income trust following a change to Canada's tax policy, Sentinel will pay $57 million to reacquire yarn company Spinrite.