Asset Allocation
Q3 Another Stinker for M&A, but It May Set Table for Sizable Rebound
Lower valuations and lots of unspent cash are the ingredients for an eventual upturn, says PitchBook.
Tag: M&A
Asset Allocation
Global Pension Fund M&A Investment Drops Off Cliff in Q2
Sponsors invested in deals worth $740 million during the quarter, down from nearly $14 billion in Q1.
News
How New Proposed Antitrust Regs May Make Things Tougher for M&A
The proposed disclosure rules in the White House’s antitrust push could make filing for deals more difficult, critics argue.
Research
Slumping Leveraged Loans Are Expected to Rebound Late in 2023
M&A activity should come back in the second half, and so should this favorite borrowing instrument, according to JPM and Morgan Stanley.
Research
M&A Deals Predicted to Increase in 2023, Survey Shows
Katten survey indicates that with companies holding large amounts of unallocated capital, middle-market private equity dealmakers see financial services, technology and insurance acquisitions as big opportunities for 2023.
Newsmakers
Three Australian Funds Merge to Create the Country’s Second-Largest Retirement Fund
Officials hope that the mergers will reduce management fees and increase retiree benefits.
Asset Allocation
What Corporate Cash Use Helps Stocks Most in the Pandemic?
You’d think the answer is stock buybacks. Guess again, says Goldman.
Asset Allocation
Get Ready for a Biotech M&A Comeback
RBC Capital, heartened by some billion-dollar-plus deals, sees a new buyout hunger in Big Pharma.
Alternatives
Why Private Equity Is Building an Arsenal of Giant New Funds
The buyout firms are increasingly popular among institutional investors—Carlyle just raised $27 billion.
Asset Management Culture
Scuttled! Antitrust Concerns Foil Aon-Willis Merger
Despite winning regulatory approval of the combination from the European Commission, the firms have reached an impasse with the US Department of Justice, says Aon CEO Greg Case.
You Think M&A Is Hot Now? Wait for the Tax Effect, Says Schwarzman
Blackstone chief sees Biden’s planned boost for the capital gains levy as spurring more deals.
Risk
Ignore ESG Risk at Your Own Peril
Investors who overlook ESG-related issues may miss out on generating alpha, says data science firm RepRisk.
Asset Allocation
Tax Change Fears Spur Record M&A Dealmaking in Q1
The specter of higher capital gains taxes in 2022 accelerated activity, Echelon says.
Alternatives
Private Equity Firms Expect Wave of M&As in Second Half of 2021
The increased pace of COVID-19 vaccinations and the specter of a capital gains hike are expected to spur activity.
Alternatives
Private Equity Goes on a Warehouse Buying Binge
Blackstone, KKR, and other PE players ride a trend propelled by ecommerce’s expansion.