M&A Record

Utilities are expected to ramp up their allocation of funds in renewable energy, and, in many cases, drive the commercialization of products, according to investment bankers at the... 2006-02-27

A number of institutional investor representatives appeared to be charmed by a presentation by Howard Berke, chairman and ceo of Konarka Technologies, and flocked to the executive... 2006-02-27

"And to all the ladies in the audience--I'm sure you know the difference between 'Love' and 'being in love.'"

Columbia Business School's Private Equity & Venture Capital Club held its 12th annual conference Feb. 9-10 on Columbia's campus in New York City.

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