Free Site Registration Free Site Registration

Sign up today and take advantage of member-only content — the kind of timely, cutting edge industry insight that only IDD can deliver.

FREE site registration entitles you to:

IDD Daily Updates and Restructuring Alert Weekly Updates, our email alerts

Industry White Papers

Expert Blogs

Utilities

New World Order

- President-elect Barack Obama has a full plate of challenges on the economic front, and how he handles them while trying to make good on campaign promises is sure to impact the way Wall Street dealmakers conduct business.

The Pickens Plan

- Energy mogul Boone Pickens recently visited New York to rally more support for his renewable energy initiative, dubbed the Pickens Plan. It's a blueprint designed to curb US dependence on foreign oil--now pegged at 70% of our consumption--by 38% even in the face of declining crude prices.

Building Momentum: Infrastructure

- The credit crunch has led investors to seek less risky investments, and many US institutional investors such as pension funds and insurance companies are turning to infrastructure projects.

Remaking A Bank

- Outside of Barclays Capital's fourth-floor boardroom in Midtown Manhattan hang two flags, one US and the other British. It is a nod both to the more-than-three-century-old bank's UK roots and its plans for a dramatic global expansion, plans that include Wall Street. The man behind Barclays' global push, Robert Diamond, almost took another career route: academia, following in the footsteps of his mother and father. He revealed that and more during a recent interview with IDD.

Only Strong Survive

- A daunting market environment kept IPO issuance at bay last month and delivered a disheartening start to the third quarter. Only 47 IPOs were priced in July raising $748 million, the lowest monthly deal count in five years, according to Dealogic, making a traditionally slow summer month painfully slower.

Private Equity Gets Heated In India

- When news surfaced this past week that Indian business mogul Anil Ambani's Reliance Capital was planning to raise $1 billion for a new India-focused private equity fund and Tata Capital had appointed banking veteran Shailendra Bhandari to run its private equity operations, the developments reinforced how much interest India's corporations have in investment prospects in their own backyard.

KKR Plans New Public Mart Move

- When executives of Kohlberg Kravis Roberts were asked by Sandler O'Neill & Partners analyst Michael Kim about the timing of the firm's new plans to go public in a conference call last week, KKR member Scott Nuttall answered with the grace of a gazelle.

Bridging The Infrastructure Gap

- Robert Aguallo Jr., formerly chief operating officer for investment operations at CalPERS, recently spoke to IDD sister publication Mergers & Acquisitions about opportunities in the infrastructure space.

A Different World

- The credit crunch and slowing domestic business growth have stalled buyout dealmaking in the US, but some domestic private equity firms are putting their money to work another way: investing in far-off lands. Businesses in Africa, China and India, as well as the Middle East, Central and Eastern European regions are drawing capital, as are funds that invest in emerging markets. Whether those emerging market investments will prove to be the US private equity industry's next eureka moment or another elusive treasure hunt remains to be seen.

Investors Move Away From Buyout Funds

- Distressed debt funds and infrastructure funds piqued the interest of institutional investors in the second quarter, snaring capital that flowed towards traditional private equity funds, according to the latest data from Preqin.

More Chinese Infrastructure Plays

- China's government could remove barriers to foreign investment in infrastructure in light of last week's deadly earthquake.

Oil's Well, For Now

- GSC Acquisition Co.'s purchase of Complete Energy for $1.3 billion last week was more than just another deal by a special purpose acquisition company. It was the latest example of the intense focus financial and strategic buyers have on energy-related businesses at a time when oil prices have topped $125 a barrel. The credit crunch may have dampened global leveraged buyout activity, but it hasn't diminished interest among non-US corporations and domestic private equity funds in a hodgepodge of energy businesses such as electricity generators like Complete Energy or businesses involved with electricity transmission. Then, there are various oil and gas exploration businesses, energy services or alternative fuel producers that have attracted investors.

Catching Up, With Stefan Selig

- Stefan Selig, vice chairman of investment banking and global head of M&A at Bank of America, recently sat down with IDD to discuss his outlook on deal making and his plans for Bank of America's M&A business, among other things.

Lehman Brothers Keen on SWFs

- Lehman Brothers named Makram Azar to fill a newly created position, global head of sovereign wealth funds. He also becomes chairman of media investment banking for Europe and the Middle East.

Securities In Registration

- The below is a list of planned new offerings that have been registered with the SEC in the past month, but have not yet come to market. Deals that have been withdrawn are excluded. Outstanding shelf registrations are not listed here, but new shelf registrations are listed weekly in this section of the magazine. The listing is sorted by filing date. To add or delete listings, or to request corrections in this section, please contact Matthew Toole at (646) 822-7560.

« Previous123Next »