This content is from: Portfolio There’s No Easy Exit for Companies Backed by PE and VC Verdad Advisers’ Dan Rasmussen argues that rising debt costs, compressed margins, and negative cash flow make for a “pretty scary” picture of the health of private companies. By Michelle Celarier June 01, 2023
This content is from: Portfolio Banking Woes Will Drive Down Already-Hurting Private Valuations In venture capital, 8.6 percent of deals in the fourth quarter were down rounds, up from 3 percent early in 2022. By Hannah Zhang April 19, 2023
This content is from: Corner Office Private Equity Firms Pull Out All the Stops to Get Deals Done While a mini banking crisis unfolds and a possible recession looms, capital still must be deployed. By Michael Thrasher April 12, 2023
This content is from: Portfolio Higher Rates Aren’t Sinking Private Credit — Yet “Everyone is adjusting to new realities. The terms are changing, covenants are better, leverage is lower, coupons are higher,” says Richard Byrne of Benefit Street Partners. By Julie Segal April 19, 2023
This content is from: Portfolio Growth Equity Funds Step Into the Void Left by SVB “Any disruption like this creates opportunity, and private equity is usually very well positioned to take advantage of dislocations,” says Jeff Diehl of Adams Street. By Hannah Zhang April 14, 2023
This content is from: Opinion Don’t Be a Buckethead Arbitrary definitions are limiting your investment options, our columnist argues. By Christopher Schelling May 15, 2023
