News & Analysis

A recent survey by mergermarket and Houlihan Lokey shows that respondents, among them private equity professionals, expect solvency opinions will become a bigger factor in deals in both the US and Europe.

Distressed property owners will be allowed to talk to special servicers about restructuring securitised loans before imminent default without triggering tax penalties. The move has criticised for reinforcing the “extend and pretend” attitude of the financial industry.

In these gloomy times, those with good news may want to shout it from the rooftops. But make sure you keep these principles in mind when shaping your discussions with the media, writes Nicholas Mead of The Sentient Group.

With the second investment from Carlyle Asia Partners III - which has so far garnered $2.1 billion in commitments - the firm has become the latest buyout group to target China's dairy sector.

The founder of Terra Firma predicted more pain for the buyout industry as neither banks nor financial sponsors are willing to ‘come clean about their mistakes’ made during the credit boom era.

Private equity infrastructure funds have long used different structures than their traditional private equity peers.The asset class provides some intriguing examples of the benefits and drawbacks of some innovative models, among them the open-end fund structure.

The Chicago-based firm has been appointed by the Teacher Retirement System of Texas to co-invest in opportunities in North America first and then on a global basis.

Ruth Horowitz, formerly chief administrative officer for Lehman Brothers’ private equity arm, will help build the back office of the IFC’s new venture.

KKR has further backed its first-ever Indian investment, bringing its stake to 79% in the telecoms-focused software company.

Funds committed in 2007 ‘have to be sensibly reduced in 2009’, according to the new head of the European buyout house, Lionel Zinsou.