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.
Dubai Fund to Back Clean Energy
December 5, 2007 -- Financial Times
This story discusses a $150 million investment by a Dubai-based sovereign wealth fund into a newly formed private equity fund managed by Herrick, Feinstein client Sindicatum Carbon Capital.
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.