Commentary
Covenantive Easing (Third of a Series)
As we continue our special series on covenants, we’ve noted how lenders and sponsors are pushing envelopes to deal with…
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Growing competitiveness in the buyout market is resulting in a variety of pressure points being applied by private equity sponsors…
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Much attention was paid over the past few weeks to a dramatic series highlighting the struggle between two powerful forces,…
Read MoreEmotional Support Loans
A beluga whale was found last week in the Arctic Ocean off the northern Norwegian coast. Otherwise not an unusual…
Read MoreWhy Valuations Matter (Last of a Series)
“There are two times in your life when you shouldn’t speculate: when you can’t afford to, and when you can.”…
Read MoreWhy Valuations Matter (Fifth of a Series)
“Only those who will risk going too far can possibly find out how far one can go.” –T.S. Eliot So…
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“Doubt is not a pleasant condition, but certainty is absurd.” –Voltaire The story of value is the story of private…
Read MoreWhy Valuations Matter (Third of a Series)
“The value of a thing sometimes lies not in what one attains with it, but in what one pays for…
Read MoreWhy Valuations Matter (Second of a Series)
“Time is the longest distance between two places.” – Tennessee Williams One of the most important variables impacting valuations is…
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“Anything that just costs money is cheap.” – John Steinbeck At the PartnerConnect conference in Boston last week, three panelists…
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