Category Archives: Private Equity Updates

Next Great Credit Crisis Delayed, But Still Looming

By Josh | Published: October 5, 2009
US cos have $1.2 trillion of below investment grade debt, much from LBOs, that needs to be refinanced from 2012 through 2017 (most from 2014-17), according to a July 2011 MB Global Partners report. Cos refinanced $398 billion of loans, extending repayment from 2011 to 2014,  but banks without Fed stimulus may not be so forgiving in the future.  
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The Lack of Private Equity Growth Story

By Josh | Published: October 5, 2009
A Moody’s December 2011 report found the 40 biggest US LBOs in the 2006-08 period had revenue growth of four percent through June 30, 2011 compared to 14 percent for the broader universe of non-financial rated companies. But earnings kept pace with peers indicating “PE firms may have been more aggressive in reducing costs.”
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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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