Entries tagged "Corsair Capital"
A panel of dealmakers discussed the landscape for private equity investment in the banking industry at The Deal's M&A Outlook 2009 conference Wednesday afternoon. Moderated by Vipal Monga, a senior writer at The Deal, the panel included David Solomon, the co-CEO of Lazard Middle Market LLC; Clifford V. Brokaw, a managing director at Corsair Capital LLC; Lee Meyerson, a partner at Simpson Thatcher & Bartlett LLP; and Andrew M. Senchak, the vice chairman and president of Keefe Bruyette & Woods Inc....
Carlyle Group managing directors Olivier Sarkozy and Randal Quarles, writing in The Wall Street Journal Thursday, argued that the federal government should ease restrictions that limit private equity investments in federally insured banks. ...
This week's edition of The Deal is really designed for the deal junkies among us. First, our cover by Vyvyan Tenorio focuses in on SPACs, so-called blank-check or special purpose acquisition companies. SPACs have been a hot number over the last few years, particularly in the IPO market, but there remain some issues and doubters. ...
Reeling from loan losses and desperate for capital, financial institutions are in no position to combine with one another. Enter private equity -- and a host of questions about fairness and control.
Corsair Capital LLC and TPG-Axon Capital Management LP hired RBS Greenwich Capital in the National City Corp.'s 9.7% stake sale valued at $7 billion. Cosair used Lee Meyerson, Sean Rodgers, Ellen Patterson Simpson Thacher & Bartlett LLP for legal counsel, and TPG-Axon turned to Michael Ryan, Benet O'Reilly, Esther Farkas, Kenneth Bachman and Derek Bush of Cleary Gottlieb Steen & Hamilton LLP.The target's investment bankers Kendrick Wilson III, Ken Coquillette and Scott Romanoff of Goldman, Sachs & Co. National City also used H. Rodgin Cohen, Donald Toumey, Mark Welshimer, Ronald Creamer of Sullivan & Cromwell LLP and Lyle Ganske, Christopher...
