Ad
related to: freshfields leveraged transactions fundsparknationalbank.com has been visited by 10K+ users in the past month
Search results
Results From The WOW.Com Content Network
Freeman Spogli, originally known as Riordan, Freeman & Spogli, was founded in 1983 by Richard Riordan, Bradford M. Freeman, and Ronald P. Spogli. [1]Co-founder Richard Riordan, who would later go on to serve as Mayor of Los Angeles, had been an attorney and had made substantial personal investments in technology companies.
Leveraged transactions fund a number of purposes. They provide support for general corporate purposes, including capital expenditures, working capital, and expansion. They refinance the existing capital structure or support a full recapitalization including, not infrequently, the payment of a dividend to the equity holders.
In 2022, Private Equity International ranked THL Partners 82nd among the top 300 private equity firms based on funds raised in 2021. [5] The firm's Management Committee consists of Chairman Tony DiNovi, and Managing Director Tom Hagerty. [6] The firm's namesake, Thomas H. Lee, left the company and formed Lee Equity Partners in 2006. [7]
A dividend recapitalization (often referred to as a dividend recap) in finance is a type of leveraged recapitalization in which a payment is made to shareholders. As opposed to a typical dividend which is paid regularly from the company's earnings, a dividend recapitalization occurs when a company raises debt —e.g. by issuing bonds to fund ...
Calera Capital was founded in 1991 as a partnership between investment professionals and the Fremont Group, a private investment company based in San Francisco. Calera Capital's initial pool of funds was provided by the Fremont Group. Calera Capital raised its first institutional fund, Fremont Partners II, in 1996 with a diverse group of investors.
Littlejohn & Co. is a private equity firm focused on leveraged buyout transactions, leveraged recapitalizations of middle-market companies and distressed securities.The firm focuses on companies requiring an operational turnaround particularly in a variety of industrial and service sectors.
Various investor classes look to the financial sponsor to generate value in a company as much as the management or operations of the company. In particular, debt providers are willing to extend credit in the form of bank loans, high-yield debt and mezzanine capital based in part on the reputation of and relationship with the financial sponsor.
Because of the high leverage on many of the transactions of the 1980s, failed deals occurred regularly, however the promise of attractive returns on successful investments attracted more capital. With the increased leveraged buyout activity and investor interest, the mid-1980s saw a major proliferation of private equity firms.