Blogentary

Remember the good old days of leveraged buyouts (LBOs)?   You know, buy control of a company by using a pile of debt, firing a lot of employees, and selling some hard assets.  Then, use the cash flow to pay…

Cerberus by William Blake (1757-1827) According to Coller Capital, and highlighted by Jason Kelly at Bloomberg, investors’ newfound selectivity will help eliminate 20% of private equity firms. Just one of many reasons is alluded to by the June 13, 2011…