Our setting is dividend recapitalizations in private equity (PE), where portfolio companies take on new debt to pay investor returns. After accounting for positive selection into more debt, we show ...
The majority of U.S. equities indices tumbled on the first trading day of this month, with investors worrying over Trump’s recent tariff imposition. It is feared to affect profitability of a large ...
The private market hasn't fully met this demand. This is where the government comes in, and in Tennessee, where we can leverage our low debt to build more student housing. As is already happening ...