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Law and Courts in an Age of Debt

Harvard Corporate Governance

Shifting from equity to debt financing is not simply a matter of optimizing a firm’s cost of capital, however. Highly leveraged firms are now commonplace in many U.S. industries. It also has profound implications for the firm’s behavior and investor outcomes.

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Weekly Roundup: April 14-20, 2023

Harvard Corporate Governance

Fuse Brown (Georgia State University), on Wednesday, April 19, 2023 Tags: capital investment , Financial regulation , investors , market power , Medicine , Private equity What The First Universal Proxy Card Contests Say About the Future of Activism Posted by Kai H.E. Hall (Wake Forest University), Erin C.

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Financing Year in Review: Evolving Markets and New Trends

Harvard Corporate Governance

Widely held concerns about inflation, rising interest rates, and a possible recession combined to slow debt financing and deal activity in the first half of 2023. Borrowers deferred new debt deals, delayed planned refinancings, and paused major corporate transactions while waiting for interest rates to top out.

Finance 133
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The Bootstrapped Startup’s Guide to Debt Financing

Lighter Capital

Some founders may choose to spend months pursuing equity funding from angel investors and venture capitalists, while others leverage debt financing to grow quickly without giving up equity or control too soon. Why do startups use debt financing? It’s best to start with the basics.

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Blackstone braves frigid debt financing market with $14bn Emerson unit deal

Financial Times M&A

Private equity firm teams up with sovereign wealth funds in buyout of US conglomerate’s climate tech arm

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Growth Equity: The Child Prodigy of Private Equity and Venture Capital, or an Artifact of Easy Money?

Brian DeChesare

Over the past few decades, growth equity (GE) has gone from an afterthought to a major asset class for huge investment firms. Some argue that GE offers the best of both worlds: the opportunity to fund innovation and growth – as in venture capital – plus the ability to limit downside risk and invest in proven companies – as in private equity.

Equity 105
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Paul Weiss poaches Kirkland lawyers in London and US

Financial Times M&A

Elite US law firm hires private equity and debt finance specialists as competition for top lawyers intensifies