This report examines the recent market environment for buyout investing using the following criteria: fund raising and commitments, financing, valuations, and exit opportunities. Exhibits cover capital commitments, LBOs, M&As, and returns to limited partners of private equity firms.
What are the economic and investment implications of admitting ten emerging European countries to the European Union?
A primer on UBIT including a clarification of rules governing its application and circumstances when this tax may be incurred.
Why has the Japanese government’s recent burst of activity about finally cleaning up its banking system generated so much controversy?
Why is the Fed Model conveying such different notions about equity valuations compared to other measures?
An overview of the Asian private equity market since the 1997 financial crisis, using criteria such as deal flow, operational experience, management teams, debt availability, currency risk, valuations, and exit environment.
Fueled by the lethal cocktail of domestic constraints, regional impediments, and the global economic slowdown, Germany may be in for a prolonged period of economic malaise and deflationary pressures.
Three suggestions for institutions whose spending rules now dictate a cut in spending.
Typically, private equity investors interested in Asia have been more impressed with its potential than with the tangible opportunities—but this may be about to change.
According to a recently issued Federal Reserve paper, Japan could have averted deflation if it had aggressively applied monetary and fiscal stimulus during the first half of the 1990s. This Comment provides highlights of the paper, the commentary it elicited among financial pundits, as well as our thoughts about its policy recommendations if they were…