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Oct 8, 2006

Private Equity Keeps Booming

In the News , 0 Comments

Today our managing partner, Ken Marlin, was quoted in a discussion of the Private Equity market by Steve Rosenbush for Business Week. Firms swimming in cash will likely stay strong. But a slowdown could help prevent the development of a bubble The latest boom in private equity is more proof, should anyone need it, that the rich keep getting richer. Global mergers and acquisitions by financial sponsors, or private buyout groups, hit $570 billion during the first nine months of the year, up 51% from the prior record set during the first nine months of 2005, according to market researcher…

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Sep 21, 2006

Murdoch’s Mission to China

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Today our managing partner, Ken Marlin, was quoted in a discussion of MySpace’s entry into the Chinese market by Olga Kharif for Business Week. The News Corp. mogul’s wife is said to be smoothing the way for MySpace’s entry into China’s potentially enormous market Wendi Deng, who’s married to News Corp. (NWS ) Chairman Rupert Murdoch, is up to some high–level international diplomacy. At least that’s what Murdoch told attendees of a Goldman Sachs (GS ) conference on Sept. 20, according to press accounts of the remarks. Deng was in China negotiating a joint venture that would allow News Corp.’s…

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