Former SEC official Andrew Bowden, who resigned over looking too cozy with the SEC, is now general counsel at a firm in Warren’s crosshairs.
Read more...What word best describes how distasteful it is to see obscenely rich men complain that they aren’t as rich as they think they ought to be? The subhead on a new Financial Times story on private equity tell us: “PE believes investors do not grasp their long-term cash flow generation capabilities.” In other words, this […]
Read more...Looking beneath the surface of the lackluster arguments e by Treasurer John Chiang and Assemblyman Ken Cooley for their private equity transparency bill.
Read more...Banks have gotten a painful reminder that originating risky assets like junk bonds and loans can leave them holding the bag.
Read more...The second biggest public pension fund in California, CalSTRS, again demonstrates it valued maintaining friction-free relationships with private equity firms over protecting its beneficiaries.
Read more...Private equity funds have launched a host of private credit fund to let them borrow more than banks are allowed to provide. What could go wrong?
Read more...The Guitar Center fiasco as a case study in how not to run a business, and how that indicts private-equity influenced management norms.
Read more...California Treasurer John Chiang’s private equity transparency bill has been launched. How does it stack up?
Read more...A refinancing bulge is coming awfully soon.
Read more...Equity investors think private equity funds will show no profits on their current deals, which contrasts sharply with portfolio company valuations.
Read more...CalPERS has engaged in one of the most bone-headed moves ever, the financial equivalent of picking up pennies before a steamroller.
Read more...California State Controller Betty Yee makes some underwhelming private equity reform proposals.
Read more...Large-scale logging of time and location stamped license plate data, retained over years, means Big Brother knows where you have been.
Read more...This is both a private equity joke and a test to see if you’ve become buzzword compatible enough to get it.
Read more...Investors are piling into risky, illiquid assets at the worst possible time and for the worst reason: to fake performance.
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