M&A Record

Silver Lake Partners sees many benefits in teaming up with other firms in consortium deals, said Greg Mondre, a managing director in the firm's New York office.

Consortium deals often put some of the buyout world's bigwigs in the same room, said Jonathan Knee, a senior managing director at Evercore Partners.

Russel Carson of WCAS said he expects the increasing competition in the buyout landscape to force some shops to close their doors.

* JPMorgan's Rod Reed has watched LBO shops rise to the top of the food chain since the 1980s.

Some panelists and attendees said the increased role of hedge funds in the second-lien market could lead to intensified creditor disputes in distressed situations and defaults.

The number of bankruptcy filings fell by 36% to 28 filings in 2005 compared with 44 in 2004, said Edward Altman, professor of finance at New York University's Stern School of Business,... 2006-02-13

Private equity firms investing in distressed companies are not getting to look at all potential opportunities because hedge funds are swooping in and making loans to the companies... 2006-02-13

Michael O' Hara, a managing director with retail-focused investment bank Financo, has just launched Consensus Advisors, an advisory firm focused on the retail and consumer sectors.

France represents an opportunity for distressed U.S. investors because of recent legal changes adopting a more Chapter 11-style procedure for troubled companies, said Christopher... 2006-02-13

Bankruptcy and restructuring professionals were reluctant to forecast when the buoyant credit cycle will take a downturn, but still insist it's definitely coming.