Our Private Equity Group provides trusted counsel derived from deep industry knowledge to established as well as up-and-coming private equity firms. We represent firms of every size across the spectrum of investment strategies, and we build long-standing relationships with our clients. As active participants in the private equity industry, we are able to advise our clients on the latest innovations, as well as current market practices and trends.
Private Equity Digest (October 2023)
October 24, 2023 Download PDF
Many private equity sponsors and their portfolio companies have begun to consider capital structure solutions to delever as their debt is expected to mature in this high interest rate environment. In this article, we focus on one such solution: the issuance of preferred equity to third parties. In market news, after a slow start to the year for global and U.S. sponsor-backed M&A, total deal values have been consistent with those seen in the latter half of 2022, however, the number of deals has seen a general decline since the fourth quarter of 2022.