ACG InterGrowth Conference News (Dealscape)

ACG InterGrowth Conference

ACG InterGrowth Conference: Where hedge funds and PE converge

[Posted on May 4, 2007 at 6:38 AM]

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Filed under: ACG InterGrowth Conference | Dealmakers | Hedge Clipper | Private Equity

There's little disagreement among M&A dealmakers that prices in auctions are continuing to climb, increasing competition for transactions among buyout firms and deep-pocketed hedge funds. As competition for deal flow increases financial firms like DE Shaw & Co. and Fortress Investment Group, which are both well known for their hedge investment actitivies alongside players like Black Canyon Capital, are also investing capital in private equity buyouts via side pocket and other sorts of funds. In the case of Fortress, the New York powerhouse utilizes its side pocket vehicles to make co-investments which support investments made by its larger private equity funds, Kenneth Sands, a managing director at Fortress Investment Group, told an audience...

ACG InterGrowth Conference: 3i's Michael Queen, Allied Capital's Bill Walton on transparency

[Posted on May 4, 2007 at 6:31 AM]

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Filed under: ACG InterGrowth Conference | Dealmakers | Private Equity

The issue of transparency in the private equity industry raised its head in a panel session moderated by Fortune Magazine's editor-at-large Bethany McLean on Thursday at the ACG InterGrowth conference in Phoenix. Bill Walton, chief executive of Allied Capital, and Michael Queen, managing partner and head of infrastructure of London's 3i, told a packed ballroom attending a panel titled The Changing Faces of the Deal World, Part 1, that the buyout industry should be more pleased with the results of its acquisitions. "We should be hugely proud of revitalizing the economy and businesses. It's not about stripping assets out, those days were...

ACG InterGrowth Conference: Bringing the Monster Idea to Life

[Posted on May 3, 2007 at 4:10 PM]

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Filed under: ACG InterGrowth Conference | Media | Venture Capital

Three words scribbled on a note pad at 4:30 a.m. in the dark 13-1/2 years ago. So began the inspiration for Monster.com, Jeff Taylor, founder and former chief executive of the job search Web site, told an attentive audience of corporate dealmakers and financial executives at the ACG InterGrowth event titled "Bringing the Monster Idea to Life."...

ACG InterGrowth 2007: Too much PE $ chasing too few deals

[Posted on May 3, 2007 at 8:33 AM]

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Filed under: ACG InterGrowth Conference | Dealmakers | Private Equity

"Surprising news just in from the Middle East: CNN is now reporting that Mahmoud Ahmadinejad has agreed to discontinue all nuclear endeavors in exchange for a piece of the carry in Blackstone’s latest fund." The untrue missive — No. 3 in a list of the top 10 signs that there is too much private equity money chasing too few deals — drew guffaws from attendees of the ACG InterGrowth 2007 conference at the “Jewel of the Desert,” the Arizona Biltmore, Wednesday....

ACG InterGrowth Conference

[Posted on April 30, 2007 at 4:26 PM]

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At the Association for Corporate Growth’s 36th annual InterGrowth conference in Phoenix, Ariz., at The Biltmore from May 2 to May 4, 2007, The Deal’s Kelly Holman will cover the conference’s private equity and M&A sessions. Billed as ACG’s largest conference to date with more than 1,600 movers and shakers in the deal community expected to attend the two-and-a-half day event, this year’s conference will feature a variety of high-profile speakers, including Tom Ridge, the nation’s first secretary of the Office of Homeland Security General Barry McCaffrey (Ret.) Jeffrey Taylor, founder and former chief executive of Monster.com Panelists will...