Entries tagged "MatlinPatterson"
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.
Buyout shops that need to prop up portfolio companies turn to LPs, who aren't thrilled.
Fenderstock, now CEO of Broadpoint Securities, will take the helm at the new Broadpoint Gleacher. '80s merger maven Gleacher will be chairman.
The breakup of the Hexion buyout of Huntsman was bitter indeed, not least for Apollo Management.