How $14 Billion Private Equity Firm Abraaj Went Bust
The remarkable tale of the biggest private equity fund insolvency evah, Abraaj.
Read more...The remarkable tale of the biggest private equity fund insolvency evah, Abraaj.
Read more...Toys ‘R’ Us will be back, albeit in a skinnied down form.
Read more...Once again, some Uber and Lyft data that ought to generate more questions instead gets a free pass from the press.
Read more...Yet more data confirming that private equity is not what it is cracked up to be unless you do it in house.
Read more...PE firms are paying prices at the peak of the market, amid ceaseless complaints that there isn’t enough inventory of homes for sale,
Read more...CalPERS is about to take another great leap backwards in private equity.
Read more...Oxford professor Ludovic Phalippou gives a decisive debunking of the claim that private equity outperforms.
Read more...Not surprisingly, action in the wake of private equity investors Bain, KKR and Vornado stiffing Toys ‘R’ Us workers of their severance have generated more press than restitution. But some of the ideas bruited about would have real teeth.
Read more...Beware of the private equity “innovation,” the long-lived or “permanent capital” fund. It is virtually guaranteed to short change investors on returns needed to compensate for the longer holding period.
Read more...A leaked memo written for CalPERS by Silicon Valley attorney Larry Sonsisi not only reflects poorly on him and CalPERS, but also validates concerns about corruption.
Read more...CalPERS, in a desperate-looking defense of its private equity outsourcing scheme, scores an own goal.
Read more...McKinesy and CalPERS appear to be kidding themselves at least as much as the general public on the subject of private equity.
Read more...Toys R Us stores will shutter this month: private equity firms killed the company, and its workers are left with no severance.
Read more...CalPERS gets more thumbs down on its new private equity gimmick.
Read more...CalPERS’ Chief Investment Officer Ted Eliopoulos seemed unable to offer a truthful, coherent rationale for two new private equity schemes he unveiled last Friday. CalPERS beneficiaries and California taxpayers should be worried.
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