Leveraged Buyout

Up to 25% of private-equity firms set to disappear

David Rubenstein. Photo: Bloomberg

Private equity, an investing trade plied by 4,500 firms with US$3 trillion in assets, is bracing for a shake-out that has been brewing since the collapse of credit markets choked off a record leveraged-buyout binge.

Wednesday, 13 February, 2013, 5:24am

Focus Media accepts US$3.7b buyout offer

Focus Media was accused of fraudulently overstating by about 50 per cent the number of screens in its digital display-advertising network across the mainland. Photo: Bloomberg

Focus Media has agreed to go private in a US$3.7 billion acquisition led by its founding chairman, global investment firm Carlyle Group and leading mainland private equity companies.

21 Dec 2012 - 4:26am

Big money investments

A senior business reporter with the South China Morning Post looks at what hedge funds, private equity and buyout funds are all about

People only seem to talk about hedge funds, private equity and buyout funds when markets are in upheaval or there's a lot of money involved. That's because those are two of the biggest factors involved in these funds.

27 Jun 2007 - 12:00am

Banking brains can strike a deal in private equity

Many banking and finance professionals from corporate finance, financial advisory, corporate banking and private banking are now looking to switch their careers into the rapidly growing private equity sector. Here are a few great opportunities for those ambitious candidates.

24 Mar 2007 - 12:00am

Asian bonds rebound as risk hungry abandon vigilance to chase high yields

Asia's corporate bond markets have staged a remarkable recovery in the past two years, with rapid economic growth and risk-hungry investors helping to wipe away the stain of the late 1990s crash.

27 Mar 2006 - 12:00am

Borrowing curbs seen capping leveraged buyout activity in China

The mainland corporate scene is ripe for the picking by leveraged buyout funds, but restrictive share transfer and borrowing rules will keep a cap on the market in the near future.

Leveraged buyout firms borrow money to buy a company in order to expand it and make it more profitable. They then try to sell it at a profit.

2 Mar 2006 - 12:00am