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Wednesday, November 25, 
12:39 pm

Entries tagged "Trimaran"

Trian nabs pair of Drexel vets to grow credit business

How better to grow your credit market business than hiring former junk bond pros of Drexel Burnham Lambert fame? Nelson Peltz's hedge fund Trian Fund Management LP hired two former Drexel bankers, Jay Bloom and Dean Kehler, to help Peltz (pictured) grow Trian's presence in the ailing credit market, according to a Thursday report by The Wall Street Journal. Bloom and Kehler are reportedly leaving their posts as managing partners of private asset management firm Trimaran Capital Partners LLC, which they co-founded. The Deal caught up with Ed Garden, one of Trian's three principals, to discuss the hiring. ...



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REIT IPO deja vu

Real estate sponsors that might wish to undertake an IPO will need to consider a wide variety of issues and begin to take action long before the first filing with the SEC.


Industry Insight

Loan-to-buy

Paulson's proposal to purchase an equity stake in Yellow Pages publisher Idearc is the second time in recent months an investor group has used its prepetition debt position to execute a bargain price 'exit LBO.'


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Managing your shareholder base

Growth companies and their PE sponsors should be wary of the pitfalls that arise when they layer on tiers of preferred stock.



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