.jpg?updatedAt=1701015107357)
Download PDF Introduction Len Blavatnik, a Russian-born American billionaire who made his first fortune in post-Soviet Russia, is well known to many readers of financial news for his hugely profitable ownership of Warner Music [NASDAQ: WMG], which he took public in 2020, making a paper profit of as much as Read more…
Download PDF Introduction At its core, the private credit industry refers to direct loans not negotiated in the traditional public environment and brings unique characteristics that improve this asset class’s resilience. In times of elevated interest rates, traditional banks have become increasingly conservative in lending policies due to concerns about Read more…
Download PDF Introduction – The Crisis of Greensill Capital Firms come and firms go, some find long-lasting success, while others start from bright start-up ideas but end up in the graveyard of business ideas in a matter of years. Greensill Capital had the potential to be in the first group, Read more…
Download PDF Athene Holding Ltd [NYSE:ATH] Market Cap as of 25th March 2021: $9.56bn Apollo Global Management, Inc. [NYSE:APO] Market Cap as of 25th March 2021 $20.86bn Introduction On March 8th, 2021, Apollo Global Management, Inc., a major publicly owned investment manager, and Athene Holding Ltd, a leading retirement services Read more…
EQT AB [STO:EQT] – Market Cap as of 04/10/2019 SEK 83.58bn (USD 8.49bn) Introduction On Tuesday, September 24th 2019, the Swedish group EQT— the second largest Private Equity group in Europe — listed on the Stockholm Nasdaq in what was the biggest Private Equity listing of the past decade and Read more…
Introduction The private equity industry has always had a special place in the financial world. Its competitive and dynamic nature has captivated the most talented businessmen, but what really allowed it to grow steadily over the past 40 years was the outstanding performance it granted to the investors willing to Read more…
Private Equity Industry Overview Private equity is like home flipping, but with large corporations instead of dilapidated houses from the 1970’s. Only rather than having profits in the tens of thousands, it’s in the tens of millions. The private equity industry, pioneered in the 1970’s by the likes of KKR Read more…
Introduction The issue of the Non-Performing Loans (NPLs, from now on) has been long debated over the last few weeks and a new system has been designed with the purpose of creating a market for these troubled assets, which at the moment are still occupying the balance sheets of most Read more…
Apollo Global Management; market cap as of 19/02/2016: $2.70bn ADT Corporation; market cap as of 19/02/2016: $6.59bn Introduction US private equity firm Apollo Global Management has agreed to buy ADT, an American home-security company, paying c.$11bn for a total enterprise value in the so far biggest leverage buyout of Read more…