Friday, December 6, 2013

Weekend Reading from Reuters on the Anatomy of a PE Deal

Private equity owes the Federal Reserve a generous Christmas present.  As Carrick Mollenkamp details in his article for Reuters, Madison Dearborn and Platinum Equity have parlayed cheap credit into profits through their respective investments in BWAY, a plastic container manufacturer.  Not only is the Fed fueling the credit markets, it is also expediting the IPO market for exits.  

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