Not exact matches
Answer and solution: Term Sheet readers are aware that the private
equity industry is increasingly facing an inventory problem — viable targets are too expensive, activist shareholders are forcing companies to do PE - style cost - cutting while they're public, and corporate buyers have so
much cash they can afford to pay high premiums.
As a result, risky asset classes such as
equities and commodities will be assigned
much higher reserve requirements than bonds, which is why some insurance
industry players are already dumping
equities to hold a greater proportion of bonds.
The laws of competition and competitive strategy are now very
much at work within the private
equity industry, and we can see the best funds putting their real endeavors behind that, not only so they've got a good story to tell at [the] time of next fundraising, but also to deliver the great returns that their investors are expecting.
It is not clear how
much ADT Caps is valued at now, but
industry sources say a private
equity firm typically looks for a return of at least twice its initial investment, which means a sale of the business could potentially fetch around $ 4 billion.
This belief effectively subsidizes the
industry because it allows banks to borrow
much more cheaply in the bond market than they otherwise could, making
equity funding proportionately less attractive.
Industry pundits might not agree upon
much, but there is a fair bit of convergence around the set of
equity factors that have historically been rewarded.
Much as I like analyzing the insurance
industry, I'm better at managing broad market
equity and bond assets.
Since no one of the portfolio securities constitutes as
much as 20 % of the common capitalization of that issuer, none of Toyota
Industries» share of the undistributed
equity in the earnings of these portfolio companies is reflected in Toyota
Industries» GAAP earnings.
Martin joined Schroders in 1994 and has 29 years
industry experience,
much of which was spent managing Australian
Equities.
[And the success of the private
equity industry's obviously built on
much the same premise].
While the home
equity situation in America is
much better today and the volume of short sales and foreclosures has receded from record highs, there are still about 2.5 million homes underwater, according to
industry data.
While the home
equity situation in America is
much better today and the volume of short sales and foreclosures has receded from record highs, there are still about 2.5 million homes underwater, according to
industry data.
Much like traditional private
equity core real estate investing, they aggregate property through acquisitions and build diversified portfolios by tenant, geography,
industry and lease duration.