Hedge Fund Hardball Update: In an earlier post (here), The D & O Diary commented on the new game of "hedge fund hardball," drawing on a Wall Street Journal article (here, registration required) with that title. As discussed in the prior post, hedge funds are demanding, when the companies in which
Private Equity
More About MBOs and D & O Risk
By Kevin LaCroix on
Posted in D & O Insurance, Private Equity
MBOs: Another Example of Private Funding and D & O Risk
By Kevin LaCroix on
Posted in D & O Insurance, Private Equity
The D & O Diary has previously written (here and here) about the problems and conflicts of interests that can arise from the involvement of private fund investors (private equity firms, hedge funds and buyout firms) in publicly traded companies. In a September 3, 2006 column in the New York Times (here…
Private Money and D & O Risk
By Kevin LaCroix on
Posted in D & O Insurance, Private Equity
The Wall Street Journal’s recent series on "Private Money" describes the "new financial order" arising from "the new rules of private equity game." According to the July 25, 2006 Journal article (subscription required) entitled "Cash Machine: In Today’s Buyouts, Payday is Never Far Away," the new power players are private financiers – hedge funds, buyout…