meta_pixel
Tapesearch Logo
Log in
Viewsroom

Viewsroom: Private equity gets funky, HK hiring

Viewsroom

Reuters

News

4.458 Ratings

🗓️ 10 June 2021

⏱️ 26 minutes

🧾️ Download transcript

Summary

Blackstone, KKR, Carlyle and other firms are flipping the leveraged buyout playbook with deals that, while less dependent on debt, don’t always add up for their backers. Meanwhile, investment banking is fast becoming the fragrant harbor’s monoculture. Our columnists discuss. See acast.com/privacy for privacy and opt-out information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

AI is incredible. They can teach you how to fry an egg and even write a poem, pirate style.

0:07.0

But it knows nothing about your work. Slackbot is different. It doesn't just know the facts.

0:14.0

It knows your schedule. It can turn a brainstorm into a brief and it doesn't need to be taught.

0:20.0

Because Slackbot isn't just another

0:22.4

AI. It's AI that knows your work as well as you do. Visit Slack.com forward slash meet Slackbot

0:28.8

to learn more. The views expressed on this podcast are those of the participants, not of Rogers News.

0:40.0

Welcome to the views room. I'm Rob Cox, the editor of Breaking Views, a financial

0:43.5

commentary wing of Reuters News, coming to you this week from Times Square in Manhattan.

0:48.9

For the first time in a year, I sat down face-to-face and without face masks, mind you, with

0:53.9

John Foley, our U.S. editor.

0:55.9

John and I discussed a series of deals announced over the past week in the United States

0:59.6

involving the biggest names in private equity, including Blackstone, KKR, and Carlisle.

1:04.4

We specifically went over three transactions that each carried a slightly different flavor

1:08.8

from the old-school leverage buyouts of the past.

1:12.4

The deals were in descending order of magnitude,

1:14.7

the 34 billion buyout medline industries,

1:17.3

which supplies gowns, gloves, and drugs to health care providers by Blackstone, Carlisle, and Helmut, and Friedman.

1:23.1

The 10 billion take private of QTS Realty, a giant operator of data centers by Blackstone as well,

1:29.6

and a KKR unit's merger with a public company, Contango Oil and Gas, giving an enterprise value

1:34.8

of about $6 billion.

1:37.0

As you hear from John, each deal contained an innovative wrinkle and a lot less debt than

1:41.6

your grandfather's LBO.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Reuters, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Reuters and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.