John Jenkins

OCTOBER 30, 2023

According to this S&P Global report, despite the increasing challenges buyers face in obtaining financing and the other macro headwinds facing dealmakers, Q3 deal terminations reached their lowest level since 2020. Here are some of the key takeaways from the report: – Only two private equity-backed deals terminated in Q3 2023.

Finance 48

Finance Equity 48

Reynolds Holding

APRIL 16, 2024

For most of its history, the private equity industry was largely left alone by securities regulators. A basic assumption underlying this approach was that private equity fund investors are sophisticated and should therefore be able to engage in effective private ordering without outside assistance. 2013; Andonov et al.

Equity 59

Equity Start-ups Marketability 59

Harvard Corporate Governance

FEBRUARY 21, 2024

The Grant began vesting in 2020; as of June 30, 2022, the Grant was nearly fully vested, with all market cap and adjusted EBITDA milestones achieved, and three revenue milestones achieved, with one more deemed probable of achievement. [6]

Equity 225

Equity EBITDA Market Capitalization Marketability 225

Brian DeChesare

APRIL 10, 2024

Amidst the miserable deal environment of the past few years, there has been one bright spot: sports private equity. Over two-thirds of NBA teams have a private equity connection or investment , and all major U.S. Table Of Contents Sports Private Equity Defined Why Did Private Equity Suddenly “Get Interested” in Sports?

Equity 82

Equity Private Equity Firm Start-ups Accounting Firms 82

Benzinga

NOVEMBER 21, 2022

.* The move will add SeedInvest’s community of 700,000 prospective investors to StartEngine’s 1 million and could make the combined platform the dominant player in the equity crowdfunding space. A prime example: NowRX raised over $20 million on SeedInvest in 2020 alone. Full story available on Benzinga.com.

Equity 98

Equity 98

Harvard Corporate Governance

JULY 22, 2022

The number dropped to 64% in 2020 and is expected to fall to about 53% as the next generation reaches adulthood ( Display ). The global workplace identity is steadily changing—across age, gender, sexual orientation and especially race. Forward-looking companies are embracing these demographic changes.

Equity 167

Equity 167

Accountancy Today

SEPTEMBER 25, 2023

FRP Corporate Finance has advised Harwood Private Equity on its sale of the Vegner Group, one of the UK’s leading property services businesses, to international property management group Odevo. The business, which has 20 offices across the UK and employs around 475 people, has been backed by Harwood Private Equity since 2020.

Corporate Finance 80

Corporate Finance Finance Equity Marketability 80

Harvard Corporate Governance

OCTOBER 25, 2023

He was nominated for that job in February 2020 to replace Bob Iger -Disney CEO between 2005 and 2020-, after several board attempts in previous years to speed up Iger’s succession. The board brought back Iger as Disney CEO to replace Chapek in November 2020.

Compliance 307

Compliance Technology Equity Marketability 307

Reynolds Holding

APRIL 11, 2023

As institutional investors grow in size and influence, questions arise as to whether they are effective stewards for equity investors. That the three mutual fund families with the most total net assets each holds equity positions in around 5,000 U.S. At the end of 2020, one-fourth of U.S. Moreover, 36.2 Moreover, 36.2

Equity 59

Equity Start-ups 59

Brian DeChesare

MAY 17, 2023

Ever since the 2008 financial crisis, there has been massive hype about both private equity and technology. Over the past few decades, technology private equity has gone from “barely existing” to representing the largest single sector in PE by both deal value and deal count. Why Did PE Firms Start Buying Tech Companies?

Equity 64

Equity Technology Private Equity Firm Start-ups 64

Reynolds Holding

JULY 12, 2022

The summer of 2020 was a turning point in the push for corporate diversity and inclusion initiatives. The graph below shows that the percentage of Russell 3000 companies with no racial/ethnic diversity on their boards went down from 38 percent in 2020 to 10 percent in 2022. of the U.S. Conclusion.

Equity 59

Equity 59

Harvard Corporate Governance

JUNE 2, 2023

Racial Justice — As You Sow In May 2020, the world witnessed the horrific death of George Floyd, shocking Americans into confronting the racial injustice experienced by Black Americans daily. Our Scorecards serve as educational tools, guidelines to help a variety of stakeholders understand and gauge corporate progress on racial equity.

Equity 184

Equity 184

Reynolds Holding

FEBRUARY 28, 2024

Continuing a years-long trend, Boynton ended by “emphasiz[ing] the department’s commitment to holding accountable third parties that cause the submissionof false claims,” including “private equity firms.” DOJ’s explicit focus on private equity firms is not a surprise to companies working in today’s healthcare and life sciences sectors.

Equity 45

Equity Private Equity Firm Compliance 45

Benzinga

APRIL 19, 2023

Lululemon Athletica Inc (NASDAQ: LULU ) seeks to sell its at-home fitness business, Mirror, which it bought in 2020. The company approached its competitor Hydrow as a potential buyer, said CNBC. LULU rebranded Mirror as Lululemon Studio post the acquisition.

Equity 52

Equity 52

Musings on Markets

JANUARY 21, 2023

In 2022, we needed that reminder more than ever before, especially after markets came roaring back from the COVID drop in 2020 and 2021. We invest in equities expecting to earn more than we can make on risk free or guaranteed investments, but the risk in equities is that actual returns can deviate from expectations.

Equity 70

Equity Risk Premium Start-ups Dividends 70

Law 360 M&A

MARCH 27, 2024

amended employee compensation plans in early 2020 to mitigate "head-spinning unprecedented volatility" from the COVID-19 pandemic, and a shareholder's allegations that directors acted in bad faith by failing to seek stockholder approval should be dismissed, the aerospace company told Delaware's Court of Chancery on Wednesday.

Equity 40

Equity Technology 40

Class VI Partner

MAY 25, 2022

2021 Private Equity M&A Recap 2022 Deal Activity, Lender Environment and Outlook Conclusion. 2021 private equity deal activity was record-breaking by nearly every metric. private equity deals surpassed $1 trillion for the first time ever and marked a whopping 83% dollar-value growth rate over 2020. Deal Flow Summary.

Equity 52

Equity Start-ups Private Equity Firm Marketability 52

John Jenkins

JANUARY 18, 2023

Private equity funds like to tout their investments as being resilient during economic downturns. The study found that PE-backed companies outperformed their non-sponsored peers during the 2020 downturn resulting from the COVID-19 pandemic: PE-backed companies significantly outperformed their unsponsored peers during the economic […]

Equity 40

Equity 40

Reynolds Holding

AUGUST 2, 2023

trillion in 2020. trillion in 2020 from $22.8 2019) , for example, strong ESG performance correlates positively with higher equity returns and a reduction in downside risk. In a new paper, we address the impact of ESG ratings on a firm’s financial performance by studying how those ratings affect the cost of equity (COE).

Equity 40

Equity Equity Financing Specific Risk Dividends 40

Harvard Corporate Governance

JUNE 13, 2022

Almost a fifth of companies in the Russell 1000 Index report all three ESG governance data points we measure in 2022—up from around a tenth in 2020. Board Oversight of ESG from 2020-2022: Unpacking the Rise in Disclosure. more…).

Equity 312

Equity 312

ThomsonReuters

OCTOBER 29, 2020

Self-Compliance Tool for the Mental Health Parity and Addiction Equity Act (MHPAEA); Final 2020 MHPAEA Self-Compliance Tool Preface. The DOL has finalized the biennial update of its self-compliance tool designed to help employers comply with the Mental Health Parity and Addiction Equity Act (MHPAEA). Self-Compliance Tool.

Compliance 40

Compliance Equity Marketability 40

Cooley M&A

JANUARY 22, 2021

If 2019 was the year of life sciences mega-deals, 2020 was the year of COVID-19, as the global pandemic permeated every aspect of the dealmaking landscape, with the life sciences sector being no exception. Also impacted was Thermo Fisher’s attempted acquisition of Qiagen through a tender offer launched on March 3, 2020.

Marketability 40

Marketability Equity Technology 40

Brian DeChesare

OCTOBER 12, 2022

If you search for “how to start a private equity firm” online, you’ll find results that range from useless to tangentially useful to occasional nuggets of real wisdom. Starting a private equity firm is a bad decision for ~95% of people who work in the finance industry. How Does It Work? Degrees such as an MBA or a Ph.D.

Private Equity Firm 59

Private Equity Firm Equity Start-ups Marketability 59

Musings on Markets

JANUARY 9, 2021

The second was that, starting mid-year in 2020, equity markets and the real economy moved in different directions, with the former rising on the expectations a post-virus future, and the latter languishing, as most of the world continued to operate with significant constraints.

Risk Premium 52

Risk Premium Market Capitalization Equity Start-ups 52

Harvard Corporate Governance

JULY 17, 2023

As highlighted in our survey, over the past few years, private company boards have made strides in improving their effectiveness in a number of areas, including overseeing strategy and agenda setting (two areas that nearly three quarters of directors in our 2020 survey cited as being most in need of improvement).

Equity 235

Equity 235

Musings on Markets

MARCH 25, 2021

The first quarter of 2021 has been, for the most part, a good time for equity markets, but there have been surprises. Coming in 2020, the ten-year T.Bond rate at 1.92% was already close to historic lows. In January, the NASDAQ continued its 2020 success, and the S&P 500 lagged, losing value. for 2021 and inflation of 2.2%

Equity 52

Equity Risk-free Rate Treasury Start-ups 52

Harvard Corporate Governance

OCTOBER 8, 2023

Following the death of George Floyd and mass protests against racial inequity in 2020 culminating years of slowly building stakeholder pressure on various aspects of diversity, many companies expressed their commitment to racial justice and implemented or enhanced diversity, equity and inclusion (DEI) programs.

Equity 100

Equity 100

Private Funds CFO

MARCH 10, 2022

Oaktree's parent company, Brookfield, has opened another front in its expansion strategy, having entered the real estate and infrastructure secondaries markets beginning in 2020.

Equity 52

Equity Marketability Finance 52

Harvard Corporate Governance

OCTOBER 16, 2023

Dual-class stock structures allow founders to sell equity in their company without giving up control. These devices accomplish this by creating one class of stock with extra voting rights for founders and another with lesser voting rights for the general public—or no votes at all.

Equity 225

Equity Technology Marketability 225

Harvard Corporate Governance

JUNE 20, 2023

In our recent research, we show how such transition risk exposure is already priced into equities and bonds issued by publicly-traded corporations ( Bolton and Kacperczyk, 2021 ; Lazard Climate Center, 2021 ; Bolton et al.,

Finance 210

Finance Equity Marketability 210

Farrel Fritz

JUNE 6, 2022

Disputes over capital accounts and equity percentages are frequent fodder for business divorce litigation — especially in LLCs without operating agreements. LLC member based on an allegation that its capital contribution was a disguised loan. Moskowitz v Fischer. Moskowitz allegedly took Fischer “at his word.”

Equity 52

Equity Accounting Firms Appraisal 52

Law 360 M&A

JANUARY 17, 2024

An undisclosed $470 million stake that Morgan Stanley held in private equity firm Brookfield Asset Management Inc. stockholders sought to revive a dismissed suit over Brookfield's acquisition of TerraForm in 2020. became a key focus Wednesday for justices on Delaware's Supreme Court as former TerraForm Power Inc.

Private Equity Firm 52

Private Equity Firm Equity 52

Harvard Corporate Governance

NOVEMBER 2, 2022

Private debt funds raise capital commitments through closed-end funds (like private equity) and make senior loans (like banks) directly to, mostly, middle-market firms (i.e. firms with annual revenue between $10 million and $1 billion). Despite its explosive growth, the private debt market remains relatively understudied. more…).

Banking 215

Banking Equity Marketability Finance 215

Biz Equity

APRIL 13, 2023

Some experienced record years during the peak of the lockdowns in 2020 based on their successful pivot to a combination of outdoor dining and take-home business. The average equity value rose from $1,415K to $2,243K or by $826K or 58%. The average equity value rose from $1,415K to $2,243K or by $826K or 58%.

Equity 98

Equity EBITDA Business Valuation Technology 98

Viking Mergers

AUGUST 19, 2022

Back in 2020, however, I shared my opinion that the COVID-19 pandemic was a wake-up call for many Boomers (those born between 1946 and 1964) who realized being at home wasn’t too bad and that life is too short to work until the very end. According to Pew Research Center , in the Q3 of 2020, about 28.6 Losing Equity.

Start-ups 130

Start-ups Equity Banking 130

Harvard Corporate Governance

JULY 8, 2022

The events of the summer of 2020 galvanized the country and drew attention to how systemic racism and injustice continue to burden communities of color. Niles are partners at Wachtell, Lipton, Rosen & Katz. This post is based on a Wachtell memorandum by Mr. Emmerich, Mr. Silk, Mr. Niles, Elina Tetelbaum , and Carmen X.

Equity 206

Equity Finance 206

Benzinga

APRIL 4, 2022

in 2020 and more recently trading in the $17-$18 per share range. We added Nielsen Holdings as potential deal in the works on March 14, 2022, when The Wall Street Journal reported that, a consortium of private-equity firms including Elliott Management was in advanced talks to buy the company for about $15 billion including debt.

Private Equity Firm 52

Private Equity Firm Equity Marketability Technology 52