Media Mention
Looking Ahead to 2013: The Hedge Fund Industry Speaks
January 2013 -- FINAlternatives
Irwin Kishner, Chairman of the Executive Committee and Co-Chair of the Corporate Department, was included in an annual report on what hedge fund industry leaders are expecting in 2013. Mr. Kishner notes, "Private equity activity is going to pick up on a number of fronts in 2013." He adds, "I expect an increase in M&A in general, including in the private equity arena, particularly in the middle market."
Media Mention
The Haggling Begins for Troubled Assets
November 11, 2010 -- New York Times
Patrick Sweeney is quoted in this lead business-page story about how banks are considering selling some financial assets, including some troubled CDOs and derivatives, in part to comply with stiffer regulations and in part simply to shed assets. The story notes that the hdege funds and private equity funds that are interested in buying those assets generally are not bidding enough to satisfy the banks' price targets.
Media Mention
Private equity's bad bet on retail
January 25, 2009 -- The Record of Hackensack
Gary Eisenberg identifies a perfect storm among retailers that sold to private equity firms: retailers that went private incurred more debt and need robust sales and cash flow to meet the debt service, all at a time when an overall economic slowdown has caused diminished retail sales activity. The likely result, Eisenberg predicts: more bankruptcies among retailers.
Media Mention
IMG: Company Not Up For Sale
April 23, 2007 -- Sports Business Journal
Irwin Kishner is quoted on private equity's role in the professional sports industry.