Private Equity Exits Have ‘All But Stopped,’ McKinsey Says

Private Equity Exits Have ‘All But Stopped,’ McKinsey Says

The global coronavirus pandemic has ground economies around the world to a halt — and the slowdown is having a major impact on private equity exits, according to a new report from global consulting firm McKinsey & Co.  “With a couple of exceptions — such as...
Japan’s King of Deals Is Preparing to Pounce Once Valuations Dip

Japan’s King of Deals Is Preparing to Pounce Once Valuations Dip

Minebea Mitsumi Inc. Chief Executive Officer Yoshihisa Kainuma is preparing to resume acquisitions once the coronavirus pandemic is done gutting corporate finances and valuations. The former M&A lawyer, known in Japan as the “king of deals,” told Bloomberg News...
Private Equity Sat on Its Hands

Private Equity Sat on Its Hands

  In the two years leading up to the current economic crisis, private equity firms called in investor capital at record low levels. That’s one sign that private equity firms may have ultimately protected investors, according to eFront, the BlackRock-owned...
Why ESG Matters in a Crisis

Why ESG Matters in a Crisis

  “Crises often accelerate or accentuate existing trends,” says Brunno Maradei, CFA, Global Head of Responsible Investment, Aegon Asset Management. Certainly, few crises can match the two-headed monster of global pandemic and economic strain the world has...
Mets Fans Beware, Private Equity-Owned Teams Lose on the Field

Mets Fans Beware, Private Equity-Owned Teams Lose on the Field

Long-suffering Mets fans who yearn for the end of the nearly two-decade, often-controversial Wilpon ownership era got welcome news this week. Harris Blitzer Sports & Entertainment, led by Apollo Global Management Inc. co-founder Josh Harris and Blackstone Group...