Tag Archives: lbo


Hedge funds shut out as banks win IMO

August 12, 2009 : Permalink

Times Online – A group of banks that financed the £450 million leveraged buy-out (LBO) of car wash group IMO will take control of the struggling business leaving a rival group of hedge fund investors with nothing. In a High […]

Blackstone Falls to New Low as Investors Brace for Another Loss

February 26, 2009 : Permalink

Bloomberg – Blackstone Group LP, the world’s largest private-equity firm, fell to a record low in New York trading this week on concern that a rebound in leveraged buyouts will lag behind any economic recovery. “Given the economic outlook and […]

Blackstone: $5 billion limit for LBO bank financing

September 10, 2008 : Permalink

Reuters – Private equity firm Blackstone Group LP’s chief operating officer said on Tuesday that the limit on bank financing for leveraged buyouts was about $5 billion. But COO Tony James said there were multiple opportunities to invest despite the […]