Graham Winfrey

Three US agencies have proposed revisions to leveraged finance guidelines in order to curb the ‘deteriorated’ underwriting standards involved in leveraged finance.

The firm has sold a business line of UK engineering company Tomkins, the largest private equity buyout of 2010 at $4.7bn, to Madison Dearborn Partners for $505m.

Providence Equity Partners’ $291m sale of Archipelago Learning to Thoma Bravo represents its second sizeable exit during the past few months and a much needed realisation as the firm tries to attract commitments for its next fund, targeting $6bn.

‘Specialist fund of funds’ may sound like a contradiction in terms – but lurking in the shadows of the the global multi-manager platforms are a lesser known group of players executing niche strategies.

The need for documented valuation practices at private equity firms is one of a number of issues related to the SEC’s recent inquiries into the industry and reported investigation into a fund managed by Oppenheimer Holdings.

The need for documented valuation practices at private equity firms is one of a number of issues related to the SEC’s recent inquiries into the industry and reported investigation into a fund managed by Oppenheimer Holdings.

The need for documented valuation practices at private equity firms is one of a number of issues related to the SEC’s recent inquiries into the industry and reported investigation into a fund managed by Oppenheimer Holdings.

The firm has hired former co-head of Morgan Stanley Private Equity Stephen Trevor as a senior managing director to help expand Avenue’s new distressed-for-control investment initiative.

The firm has hired former co-head of Morgan Stanley Private Equity Stephen Trevor as a senior managing director to help expand Avenue’s new distressed-for-control investment initiative.

The firm has hired former co-head of Morgan Stanley Private Equity Stephen Trevor as a senior managing director to help expand Avenue’s new distressed-for-control investment initiative.