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Included in the promotions was Kim Posnett, who was named co-head of the investment-banking services unit. Posnett is the first woman to lead the operation and the youngest person to ever hold the role.September 22
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Private equity-owned companies are again raising debt to pay their owners dividends, just as warnings sound about saddling businesses with more leverage in the midst of a downturn.July 28
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Lenders estimate that over the next five years, some 10 percent of new U.S. leveraged corporate loans could end up happening in the private market, a major shift from a year or two ago when large private deals were rare.July 28
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KKR’s rivals have been building out their own insurance arms in recent years and have brought on executives who can help them attract more business.July 8
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The program is part of a push by the firm to address racial inequality and economic disparity that’s been exacerbated by the coronavirus.June 18
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Cheesecake Factory, whose restaurant dining rooms are shut but providing take-out, spoke to about 20 parties before agreeing to a $200 million convertible preferred stock investment from Roark Capital.April 27
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Piper Jaffray, led by CEO Chad Abraham (pictured) wins Deal of the Year. Goldman Sachs' profits decline from the coronavirus. U.S. retail sales fall.April 15
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A strong showing in the trading operations, the firm’s biggest division, helped counter the damage as market volatility boosted demand for trading services.April 15
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Clearlake, led by co-founders Behdad Eghbali and José E. Feliciano, raises sixth fund. JPMorgan's profit drops from coronavirus impact. Deal news from W20 and Autodesk.April 14
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How fast economies will rebound is an open question because nobody knows how quickly people can get back to work.April 14
