Entries tagged "Leon Black"
The good news: Private equity is sitting on billions in investor capital. The bad news: It faces masses of maturing debt, some dicey investments and great uncertainty.
The breakup of the Hexion buyout of Huntsman was bitter indeed, not least for Apollo Management.
With markets beaten down so low, there should be opportunities galore for PE, so why is everyone so gloomy?
Distressed investing zeroes in on banks' leveraged loan portfolios -- for now.
Apollo chose a different path and chalked up impressive gains, but now it has its hands full with struggling investments.