Among the best known regional boutiques that specialize in shopping companies to private equity
firms are Harris Williams in Richmond; George K.
11, 2001, terrorist attacks, private equity
invested billions into the Bermuda market to finance new property/casualty efforts.
A financial instrument, other than an outstanding share, that, at inception, embodies an obligation to repurchase the issuer's equity
shares, or is indexed to such an obligation, and that requires or may require the issuer to settle the obligation by transferring assets (for example, a forward purchase contract or written put option on the issuer's equity
shares that is to be physically settled or net cash serried)
It received the NMTC investor's equity
contribution and borrowed additional funds from a third-party lender on a nonrecourse basis.
5) Any other affiliate that engages in significant equity
investment activities that are subject to a special capital charge under the capital adequacy rules or guidelines of the Board.
To win the private equity
game, you first need to know the rules.
For starters, the pool of available equity
capital has grown substantially in recent years to roughly $100 billion, according to the Federal Reserve, as pension funds and banks such as Chemical Bank, Bank of Boston, and Bank America now are joining the traditional ranks of insurance companies, "buy-out" firms, and wealthy individuals who use private equity
investments to reap higher returns.
A recent private letter ruling, (14) however, does support, by implication, the equity
status of CAPs.
Moreover, this new merchant banking authority is in addition to--and does not replace--the authority that bank holding companies have under other provisions of the Bank Holding Company Act to engage in equity
As funds flow from longer duration assets into shorter duration assets and are consumed, it seems logical that there would be an impact on the equity
market - specifically, upward pressure on equity
MIPS have been a major source of aggravation for the IRS; since MIPS and similar hybrid securities were first approved as equity
for balance sheet purposes, taxpayers have issued an estimated $30 billion in MIPS.
One is that the growth of private equity
is a classic example of the way organizational innovation, aided by regulatory and tax changes, can ignite activity in a particular market.
comes in many shapes and sizes, roughly corresponding with a company's position in the corporate life cycle.