However, diversifying across multiple ... private equity firms raising significant debt—typically around 90% of the purchase price—to acquire a controlling stake in a company. While leverage ...

Dividend recapitalization, when a private company pays its investors a cash dividend with borrowed money, surged to a record ...

Our setting is dividend recapitalizations in private equity (PE), where portfolio companies take on new debt to pay investor returns. After accounting for positive selection into more debt, we show ...

All indications appear to point toward a robust market for health care mergers and acquisitions (M&A) in the coming year. Inflation — finally ...

Over a decade of ultra-low interest rates has been a boon for the Private Equity (PE ... Ahmed writes Higher (and cheaper) leverage and expanding exit multiples drove momentum on asset valuations ...

Private Equity has experienced significant ... rate period enjoyed during the prior decade. With multiple expansions less likely—and leverage becoming more expensive given the return—it ...