Senator Casey’s concerns stem from Anchor Hocking’s acquisition of the Charleroi Pyrex glassware plant from Corelle Brands after the cookware company exited its bankruptcy proceedings.
After a four-year rollercoaster ride, private equity investing in software and tech companies seems due for a rebound. But post-2021 dislocation has not gone away.
Blackstone went into the belly of the beast – Silicon Valley – after the market fell apart in 2022, even building a deal team in San Francisco to capitalize on the inevitable correction and dislocation.
All players, GPs and LPs, are getting more sophisticated in the CV world and the processes around these deals will continue to evolve.
Healthcare-focused capital raising almost doubled last year as the average fund size soared.
Emphasis on DPI is prompting some investors to look at smaller managers; PEI Group data shows how certain US mid-market vintages have performed over the past decade.
Hughes & Company was founded by Travis Hughes, formerly an executive at JMI Equity, where he specialized in healthcare IT and services investing.
Some firms, like Warburg, have been through large secondaries processes in the past and are more familiar with how it works, sources said.
Prior to BayPine, Tetler was a managing director at Bain Capital Special Situations, where he led the North America technology, media and telecom vertical.
GP-led deals represented about 46% of the $40bn-$45bn of secondaries volume in the third quarter, according to research from PJT Park Hill.