The closing of a deal isn't always the end of the transaction process, as firms often have to contend with purchase price adjustment disputes and portfolio company integration issues. By Art Janik, Associate Editor
MATLINPATTERSON'S ONGOING LABOR DRAMA SHOWS THE LIMITATIONS OF SOME UNION PRESSURE TACTICS
MIKE KESSLER, PRIVATE INVESTIGATOR, IS ON THE TRAIL OF CON ARTISTS WHO IMPERSONATE PRIVATE EQUITY FIRMS Who are these guys?
THE INCOMING CHIEF EXECUTIVE HAS LARGE SHOES TO FILL AND A SUPERSIZED MARKET TO DEAL WITH
A NEW RULING COULD ASSIST THE DEVELOPMENT OF PRIVATE EQUITY INVESTMENTS IN UK-LISTED COMPANIES
PRIVATE EQUITY GPS SAY ONE THING ABOUT FAIR VALUE BUT BELIEVE ANOTHER
Mind the hat 2005-09-01 Staff Writer In retrospect, it seems like an easy question - would you, as a board member, approve a pay package for a top executive of your company if said package guaranteed the executive a payout of $140 million for getting fired a year into his job?<br /><br />Your ans
The sole fiduciary of the giant New York Common Retirement Fund is backing a new state law that would allow the $120m pension greater leeway in making alternative investments through a prudent investor model.
?What forms of regular communications do you maintain with your portfolio companies?? 2005-08-01 Staff Writer The most important channel of communication is the relationship between the executive responsible for the deal and portfolio company's CEO. We try to keep requests for information, beyond that contai
Advent International was established in 1984 and since then has invested in more than 500 companies in 35 countries across Western and Central Europe, North America, Latin America and Asia Pacific. Since inception, the firm has raised more than $6 billion in capital and closed its most recent global buyout fund in April this year with commitments of €2.5 billion ($3.3 billion). Tom Lauer came on board in 1987 with no experience in private equity. He has overseen the financial dimension of Advent's transition from a small venture firm to today's global, multi-fund manager that boasts over 100 investment professionals of 19 nationalities in 14 offices and 13 countries. With responsibility for the financial management of the firm's worldwide operations and a member of Advent's Executive Committee, he describes the highs and lows, challenges and opportunities that have marked his almost two decades as a CFO in private equity.