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The Deal Keynote: Kenneth D. Moelis

Jason Lopez — Fri, 16 May 2008 21:35:51 +0000

Kenneth Moelis has a unique talent for translating his 25-year career on Wall Street into the kind of information that financial specialists from the Street and beyond need the most. In this keynote podcast, Moelis puts the current Wall Street climate in clear perspective, from explaining how he sees the terrain post-Bear Stearns to the unrivaled value of experience.

Moelis is the chief executive officer of Moelis & Company and formerly the president of UBS Investment Bank, among other things. In addition to his keynote at The Deal’s Private Equity Symposium, he spoke with Jason Lopez for this podcast.

The Deal’s Private Capital Symposium brought together private equity professionals, angel investors, buyout and venture investors, corporate acquisition professionals, M&A advisors and professional services providers. The event took place in New York’s Essex House, on May 14, 2008.

Tags: The Deal, Private Capital Symposium

The Deal - Gary W. Parr on Sovereign Wealth Funds

Jason Lopez — Fri, 16 May 2008 03:01:45 +0000

“None of us smart enough to call the bottom in financials or any other industry,” says Gary W. Parr, vice chairman at independent investment bank Lazard. Noting the value to investors of structuring deals for a few years of protection before converting to common, Parr says he’s seen funds change their practices to keep up with the times.

“It tells you something about the sophistication of the funds changing very quickly - in a matter of months, from buying common to buying structured securities — and secondly it tells you something about time horizon — they don’t have to worry about performance quarter to quarter.”

Parr was on-hand to give a keynote talk entitled, “The rise of sovereign wealth funds,” and Parr took time for this podcast to speak with Jason Lopez about foreign investment in the U.S. and around the globe. (Parr points out that the largest investments by sovereign wealth funds are being made in Europe, not the U.S., although the sovereigns are, for some, cause for concern.)

Tags: Gary W. Parr, The Deal, Private Capital Symposium

The Deal - Opportunities in a Sluggish Market

Jason Lopez — Fri, 16 May 2008 00:00:59 +0000

When times get tough, investors need to answer a few key questions: which industries are most attractive for investment? What deal structures are investors choosing? Where are sellers’ expectations?

In this podcast, although there was some consensus around the prediction that deal flow in the U.S. will drop below the impressive levels it has achieved in recent years, the expert voices of a panel discussion tackling “Opportunities and priorities in a sluggish economy” hold true to their panel title, expressing optimism at the opportunities that present in a down market.

From manufacturing to distribution and even food processing, all kinds of industries are facing tough decisions about how to continue in the current economic climate. That means opportunities for investors, and that’s just in the U.S. Abroad, particularly in Asia, there’s still a healthier climate for deals. About deals in Asia, Peter Berger, managing director at SAC Private Capital, says, “That’s where the dealflow is”

So, what’s going to happen? If we’re in the “eye of the storm,” as CCMP Capital Managing Director Jonathan Lynch says, then “it’s going to get worse.” But with an “inexhaustible supply of bad management,” even the so-called good times keep turnaround investors like Raquel Palmer at KPS Capital Partners busy. These days, with more shakeouts, they’re even busier than usual.

In addition to Berger, Lynch and Palmer, panelists included Steven Besen, partner at Shearman & Sterling; Timothy O’Hara, managing director and head of global credit business at Credit Suisse; and Hamilton “Tony” James, president and chief operating officer with The Blackstone Group.

Tags: Peter Berger, Jonathan Lynch, Raquel Palmer, Steven Besen, Timothy O’Hara, Hamilton “Tony” James, The Deal, Private Capital Symposium

The Deal - Deals in the Middle Market

Jason Lopez — Thu, 15 May 2008 23:15:13 +0000

Whether you call it a credit crunch or a credit squeeze, there’s evidence to be found that the chilled climate for deals has spread from the realm of the mega-deal into the middle market. To discuss the new economic realities in deal-making, The Deal convened a panel, “Deals in the Middle Market: How do they differ in this climate?” at the recent Private Capital Symposium, held in New York City.

For this podcast, panelists Steven Rattner, managing director, DLJ Merchant Banking Partners, and James Epstein, partner, Pepper Hamilton, spoke with PodTech’s Jason Lopez.

Tags: middle market, The Deal, Steven Rattner, James Epstein, Jason Lopez, The Deal, Private Capital Symposium

The Deal: Private Capital Symposium 2008

Jason Lopez — Fri, 25 Apr 2008 01:00:37 +0000

The private capital markets are in an intriguing position. The economy is sluggish after last year’s sub-prime mess and major buyout firms have not seen a lot of action. That was expected. But the middle markets have only dropped off slightly. In this podcast John Morris, assistant managing editor at The Deal, speaks with PodTech’s Jason Lopez about what makes the middle markets different.

These and other issues are the subject of the upcoming Private Capital Symposium 2008, hosted by The Deal (May 14 in New York City). The one-day conference will cover issues such as where opportunities exist in a struggling economy, how financing has changed, why the middle markets are okay, and what is happening with sovereign wealth funds. Keynote speakers include Tony James of The Blackstone Group and legendary investment-banker Ken Moelis.

Tags: Buyout, John Morris, equity, Ken Moelis, private capital, the deal, Tony James

Healthcare Dealmaking Symposium: Deal Outlook

Jason Lopez — Fri, 21 Mar 2008 06:30:47 +0000

Deals in health care M&A have soared over the past two years, continuing to attract capital and drive activity in the sector. Industry insiders are monitoring the current pace of health care M&A deals and developing an outlook for 2008. In this podcast, Ken Hitchner, partner, global head of healthcare investment banking, Goldman Sachs; John Leone, partner, Paul Capital Healthcare; and David Wales, deputy director, Bureau of Competition, Federal Trade Commission weigh in on the deal horizon. They were among more tha 30 speakers at The Deal’s Healthcare Dealmaking Symposium, held on March 18, 2008 at Le Parker Meridien Hotel in New York City.

Tags: health care, M&A, Ken Hitchner, investment banking, Goldman Sachs, John Leone, Paul Capital Healthcare, David Wales, Federal Trade Commission, The Deal, Healthcare Dealmaking Symposium

Healthcare Dealmaking Symposium: Private Equity

Jason Lopez — Fri, 21 Mar 2008 05:30:21 +0000

From the panel, Private Equity and the Healthcare M&A Market: What’s on the Radar? comes this podcast featuring the panelists Benjamin Edmands, managing director, CCMP Capital; Jonathan Korngold, managing director, global head of healthcare, General Atlantic; Todd Richter, managing director, global healthcare group, head of financial sponsor coverage & transaction development, Bank of America; and Nathaniel Zilkha, principal, Kohlberg Kravis Roberts. The panel is part of the The Deal’s Healthcare Dealmaking Symposium.

Tags: Private Equity, Healthcare M&A, Benjamin Edmands, CCMP Capital, Jonathan Korngold, General Atlantic, Todd Richter, Bank of America, Nathaniel Zilkha, Kohlberg Kravis Roberts, The Deal, Healthcare Dealmaking Symposium

Healthcare Dealmaking Symposium: Technology

Jason Lopez — Fri, 21 Mar 2008 04:30:40 +0000

Charles Ditkoff is managing director and co-head of the global healthcare services group with Banc of America Securities. In this podcast, from the Healthcare Dealmaking Symposium hosted by The Deal in New York City, Ditkoff speaks with PodTech’s Jason Lopez about the state of I.T. in the medical industry. Ditkoff participated in the symposium’s panel discussion, “Market Spotlight: Healthcare Technology–Deals on the Rise?”

Health care technology continues to attract capital, raking in the majority of dollars invested in health care mergers and acquisitions. With billion-dollar deals on the decline, there is equal opportunity for strategics and private equity in the health care technology segment.

Tags: Charles Ditkoff, Healthcare Dealmaking Symposium, The Deal, Jason Lopez, Health care, private equity, health care technology

Healthcare Dealmaking Symposium: 12-Month Outlook

Jason Lopez — Fri, 21 Mar 2008 03:30:25 +0000

In 2007 deals in the health care M&A marketplace soared. Siemens’s $7 billion purchase of Dade Behring, Medtronic’s purchase of Kyphon and Carlyle Group’s purchase of Manor Care are just a few of the deals that contributed to a trend-setting year in the health care sector. In this podcast, an interview with Russell Carson, fresh from speaking on the opening panel of the Healthcare Dealmaking Symposium in New York City. Carson is co-founder and general partner with Welsh, Carson, Anderson & Stowe.

Tags: M&A, Dade Behring, Medtronic, Carlyle Group, Manor Care, Russell Carson, Healthcare Dealmaking Symposium, Welsh, Carson, Anderson & Stowe

The Deal: Healthcare Dealmaking with Steve Elek

Jason Lopez — Sat, 15 Mar 2008 00:54:58 +0000

Deals in healthcare M&A have soared over the past two years, continuing to attract capital and drive activity in the sector. Industry insiders are monitoring the current pace of healthcare M&A deals and developing an outlook for 2008. On Wednesday, The Deal hosts a one-day symposium with attendees such as strategic acquirers, private equity and other alternative investors. The aim is to acquire the foremost dealmakers’ outlook on mergers and acquisitions taking place in the healthcare industry, top deals and the transactions impacting healthcare M&A. In this podcast PodTech’s Jason Lopez speaks with Steve Elek, of PriceWaterhouseCoopers, who will moderate the symposium’s opening panel.

Tags: Healthcare, M&A, the deal, PriceWaterhouseCoopers, Steve Elek

M&A Outlook 2008: Three Hot Sectors

Jason Lopez — Thu, 08 Nov 2007 19:15:59 +0000

M&A deals in energy, real estate, and health care are some examples of sectors that still show lots opportunity, with some caution. Jason Lopez spoke with experts in each of these sectors at The Deal’s “M&A Outlook 2008.” In this podcast you’ll hear about the nuances of the markets and expectations for next year from two energy pros, Jamie Welch, head of Global Energy for Credit Suisse and Richard Vaccari, VP of mergers and acquisitions at Sempra Energy.

Tags: Jamie Welch, Richard Vaccari, mergers and acquisitions

M&A Outlook 2008: Global Money Out, Global Money In

Jason Lopez — Thu, 08 Nov 2007 19:13:02 +0000

Cross border investments have helped keep deal flow robust through 2007, despite the credit crisis. Private equity investors are looking for good deals across the board and companies are beginning to find smaller firms in other parts of the world that complement their product offerings. In this podcast, PodTech’s Jason Lopez spoke with experts — IBM’s John Noone, PriceWaterhouseCoopers’ Gregory Peterson, and John Burnett, EVP and research director at Wall Street Access — at The Deal’s “M&A Outlook 2008″ for insight.

Tags: John Noone, Gregory Peterson, John Burnett

M&A Outlook 2008: Power Hitters Ross and Rubenstein

Jason Lopez — Thu, 08 Nov 2007 19:10:42 +0000

There was a shift in the audience at the M&A Outlook 2008 when David Rubenstein — co-founder and managing director of the Carlyle Group — was sighted in the room. The crowd got quiet. The same happened when Wilbur Ross, chairman and CEO of WL Ross and Co. took the stage. After their keynote interviews, PodTech’s Jason Lopez gathered their thoughts on the M&A market and filed this podcast.

Tags: M&A Outlook 2008, David Rubenstein, Carlyle Group, Wilbur Ross

M&A Outlook 2008: Let the Good Times Roll?

Jason Lopez — Thu, 08 Nov 2007 19:08:06 +0000

Can the good times roll in the M&A world from 2006 through 2008? Were those good times at all? At The Deal’s “M&A Outlook 2008” in New York, investment experts picked apart the market to explore which deals worked and which didn’t… and more importantly, what will carry over into next year. While few panelists at the conference agreed how to describe the megadeals of 2006 — bubble, rocket, etc. — most everyone looks forward to normalcy in 2008. PodTech’s Jason Lopez attended the conference and chatted with panel moderator Gergory Peterson, partner with PriceWaterhouseCoopers.

Tags: The Deal, M&A Outlook 2008, Gergory Peterson

The Deal: M&A Outlook 2008

Jason Lopez — Fri, 19 Oct 2007 23:00:57 +0000

Mergers and acquisitions are hot… you just have to know where to look. John Morris, assistant managing editor of The Deal, says a few of the industries that have heated up are real estate and energy. Morris will emcee some of the onstage events at The Deal’s “M&A Outlook 2008” conference in New York City on Wednesday, November 7th. The sessions will include some of the biggest names in the industry, including Leon Black, founder of Apollo Advisers; Bruce Wasserstein, chairman and CEO of Lazard and Martin Lipton of Wachtell, Lipton, Rosen and Katz, on a panel moderated by The Deal’s Editor-in-Chief, Robert Teitelman. In this podcast, Jason Lopez talks with Morris about the conference and the M&A climate.

Tags: John Morris, The Deal, M&A Outlook 2008, Leon Black, Apollo Advisers, Bruce Wasserstein, Lazard, Martin Lipton, Wachtell, Lipton, Rosen and Katz, Robert Teitelman

The Deal: There’s No Deal without Advertising

Jason Lopez — Tue, 18 Sep 2007 06:39:07 +0000

Investors such as Jay MacDonald and Bill Detwiler are bullish on web-based advertising. MacDonald says advertisers have always wanted to know exactly who listened to their ads on radio or saw them in magazines. You cannot click on a newspaper ad. But with features like interactivity and social media that add value to online adverts, the Internet promises to increase the effectiveness of messages. Jason Lopez recorded this podcast for PodTech at the Convergence 2.0 conference, presented by The Deal, in New York City.

Tags: Jay MacDonald, Bill Detwiler, social media, Convergence 2.0, The Deal

The Deal: Irrelevant Content is Irrelevant

Jason Lopez — Tue, 18 Sep 2007 06:31:08 +0000

Where is the value in web media? Some say it is in the cost effectiveness of production. Cameras have become quite cheap. Others say it is in the efficiencies of the distribution of quality media products. After the lively panel entitled “Emerging Sector Spotlight–State of IPTV Technology Development,” panelists Shelly Palmer, Scott Paterson and Tom Westdyk weigh in on the opportunities and pitfalls of IPTV and new media. PodTech’s Jason Lopez has this podcast from the Convergence 2.0 conference, presented by The Deal, in New York City.

Tags: IPTV, Shelly Palmer, Scott Paterson, Tom Westdyk, Convergence 2.0, The Deal

The Deal: Filling in the Internet Cracks with WiMax, BPL, etc.

Jason Lopez — Tue, 18 Sep 2007 06:24:36 +0000

Competition is coming for broadband providers SBC and Comcast. So say the investors in emerging service such as WiMax and BPL. In this podcast, PodTech’s Jason Lopez talks with Patrick Campbell - Partner at Paul, Weiss, Rifkind, Wharton & Garrison, who moderated the panel “Desirable and Viable: Broadband Alternatives and the Third Pipe.” It was part of the Convergence 2.0 conference in New York City presented by The Deal.

Tags: SBC, Comcast, WiMax, BPL, Patrick Campbell, Partner at Paul, Weiss, Rifkind, Wharton & Garrison, Broadband Alternatives, Third Pipe, Convergence 2.0, The Deal

The Deal: Tough Media Play, No Barrier to Entry

Jason Lopez — Tue, 18 Sep 2007 06:10:27 +0000

In his morning keynote address at Convergence 2.0, Leo Hindery spelled it out: new media would go nowhere as long as companies could not deliver consistent top line growth, could not enlist quality management, and did not enjoy a barrier to entry. But as quickly as he gave the sobering news Hindery clued the conference crowd to his own latest media plays: find fanatic audiences. Jason Lopez has this podcast from the conference, presented by The Deal, in New York.

Tags: Convergence 2.0, Leo Hindery, new media, The Deal

THE DEAL’S Convergence 2.0 Conference Draws Telecom, Technology and Media Luminaries

Jennifer Jones — Thu, 16 Aug 2007 17:11:16 +0000

Convergence 2.0, The Deal’s September 17, 2007 conference being held in New York City is looking like a sell-out event. Richard Morgan, Assistant Managing Editor of The Deal, talks with PodTech’s Jennifer Jones about the gathering of private equity, venture capital and corporate executives who will hear about the opportunities in the telecom, tech and media sectors. Keynotes by Edgar Bronfman, Jr., Chairman and CEO of the Warner Music Group and Michael Fricklas, EVP and General Counsel of Viacom will undoubtedly spark enthusiastic discussion and audience participation.

Tags: Convergence, Richard Morgan, The Deal, Edgar Bronfman

Tracking the Art of “The Deal” with Josh Jaffe

Michael Johnson — Sat, 07 Oct 2006 00:08:18 +0000

Josh Jaffe is the senior writer for THE DEAL magazine and the organizer of the Technology Summit for VCs, acquirers, and other investors. He spoke with Podtech’s Michael Johnson about analyzing market trends from an investor’s point of view.

Tags: Josh Jaffe, THE DEAL

Fox’s Mike Lang on My Space Stewardship

Michael Johnson — Sat, 07 Oct 2006 00:07:09 +0000

Fox owns MySpace, and it’s watching how it’s being used. Mike Lang is executive vice president of business development and strategy at Fox Networks. He spoke with PodTech’s Michael Johnson at “THE DEAL” Technology Summit in Mountain View, Calif., about why he sees continued growth for the social networking site.

Tags: Mike Lang, Fox Networks

Cole Bader, Partner for Mergers and Acquistions of Thomas Weisel Partners offers Tips on Exit Strategies

Jennifer Jones — Sat, 07 Oct 2006 00:06:30 +0000

Jennifer Jones of PodTech and Cole Bader discuss how private companies which are seeking an exit need to market their company. Badar offers insights into the exit process. Packaging a company as a market leader by thinking small and owning a niche is one tip offered by the 14-year veteran of M&A. Jones and Bader sat down at The Deal and Tech Confidential’s Silicon Valley Summit in Mountain View, California.

Tags: Cole Bader, The Deal, Tech Confidential