Private equity firms quietly return to debt-funded payouts

Private equity firms quietly return to debt-funded payouts

Private equity-owned companies are again raising debt to pay their owners dividends, just as warnings sound about saddling businesses with more leverage in the midst of a downturn. This month Baltic telecommunication firm Bite and U.S.-based Epicor Software Corp. have...
Will COVID-19 Ignite Private Equity’s Dry Powder?

Will COVID-19 Ignite Private Equity’s Dry Powder?

The COVID-19 pandemic has pushed global financial markets into a prolonged period of volatility and uncertainty (see our article on the impact of COVID-19 on M&A deal flow), reminiscent of the 2007-08 financial crisis. Many businesses have languished since March....
PE execs pour $92m into 2020 US elections

PE execs pour $92m into 2020 US elections

The private-equity industry is pouring millions of dollars into the 2020 elections, with some donors hoping to prevent full Democratic control of Capitol Hill and the potential for tighter oversight of their sector. Employees of private-equity firms and other...