TITLE

A Sea Change For PE Firms? Not Yet

AUTHOR(S)
Sargent, Carolyn; O'Connor, Colleen Marie
PUB. DATE
May 2005
SOURCE
Investment Dealers' Digest;5/9/2005, Vol. 71 Issue 18, p7
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the dismal reception of private equity-backed initial public offerings (IPO) and the absence of any high-yield dividend recaps in the U.S. Concern of logical observers whether private equity firms face a sea change in their ability to finance and exit leveraged buyouts; Effect of a continued rise in interest rates and a downturn in the public markets on the private equity landscape; Frustration of IPO investors when proceeds got to the private equity sponsors in one form or another.
ACCESSION #
16975956

 

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