Author Archives: Josh

Next Great Credit Crisis Delayed, But Still Looming

In 2013 private equity owned U.S. cos. taking advantage of this low-rate environment refinanced $110 billion of their debt through Sept. 11, according to S&P. US non-financial cos., as of the end of 2012, had $645 billion of below investment grade debt  that needed to be paid by 2017, according to a Moody’s report. The most, 40%, came due in 2017.

Posted in Private Equity Updates | 1 Response

Three of Five Biggest LBOS went bust

The January bankruptcy of Caesars Entertainment means three of the five biggest leveraged buyouts of all time have resulted in bankruptcies. Besides Caesars, Energy Future Holdings (formerly TXU), filed for bankruptcy last April, and much of what RJR Nabisco became, World Kitchen, in 2002 filed for bankruptcy.

Posted in Private Equity Updates | 2 Responses

SHARE YOUR EXPERIENCE

I hope this becomes the most useful part of the site. It is where you tell us what it is really like working for a private equity owned company. Please tell us what it was like before your company was bought in a leveraged buyout, and afterwards. We will post comments, after editing, so we […]

Posted in share-your-experiences | 10 Responses
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  • About The Book

    Few people realize that the top private equity firms, such as Blackstone Group, Carlyle Group, and Kohlberg Kravis Roberts, have become the nation’s largest employers through the businesses they own.
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