The EBITDA addback is one of the most worrying aspects of loan documentation. Market professionals detail how prevalent and potentially damaging it has become.
The deadline to cast your vote is on 10 January; who do you think shone in 2019?
Latham & Watkins partners Eli Katz and Omar Nazif note that as private equity funds increasingly target renewable energy assets, they will need a strong grasp of the financing structures as well as the opportunities.
Scott Kleinman has spent half his life at the global private equity giant. Who is the 44-year-old being touted as one of the firm's future leaders?
Several vehicles that hold assets for longer than the traditional three to five years arrived on the scene this year and investors can expect more in 2018.
In the fall, PEI caught up with UPS' private equity portfolio manager to discuss active portfolio management, direct investing and subscription lines of credit.
The listed private equity fund sold the $218m portfolio after a majority of shareholders said they no longer wanted to invest.
Anders Dalhoff and PKA have agreed to 'discontinue our collaboration' after failing to agree on future plans, according to the former's LinkedIn.
General and limited partners have shown growing interest in acquiring manager stakes during 2017.
From sovereign wealth funds to family offices, limited partners bulked up direct investment teams and made large purchases in 2017.