LCM Partners wins two Private Debt Investor 2020 awards globalbankingandfinance.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalbankingandfinance.com Daily Mail and Mail on Sunday newspapers.
Sebi-Sahara case: Aamby Valley auction process begins at Rs 37 cr reserve price
Sebi-Sahara case: Aamby Valley auction process begins at Rs 37 cr reserve price
A Supreme Court Ordered Auction Process Began On Monday For Aamby Valley Resort Town Of Embattled Sahara Group At A Reserve Price Of Rs 37.392 Crore. PTI | Updated on: 14 Aug 2017, 11:15:32 AM
Mumbai:
A Supreme Court ordered auction process began on Monday for Aamby Valley resort town of embattled Sahara group at a reserve price of Rs 37.392 crore.
The official liquidator of the Bombay High Court published an auction notice today inviting prospective bidders for the integrated hill city township spread over 6,76,2l1 acres near Lonavala, located between Mumbai and Pune.
New England Realty Associates Announces First-Quarter Distribution on Class A Units and Depositary Receipts prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
LCM Partners wins two Private Debt Investor 2020 awards
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LONDON, March 2, 2021 /PRNewswire/ LCM Partners is proud to announce that it has won two Private Debt Investor Awards for 2020: European Distressed Debt Investor of the Year and Global Fundraising of the Year.
Private Debt Investor is the publication of record for private debt, tracking the institutions, the funds and the transactions shaping the world s private credit markets. Its annual awards are now in their eighth year with winners selected based on votes received from the publication s readers, including private debt industry participants and the institutional investor community.
Tuesday, March 2, 2021
Private funds frequently negotiate for special rights when making an investment in a portfolio company, such as the right to appoint one or more board directors, voting rights, and liquidation preferences. Fund sponsors often focus solely on the positive aspects of these special rights, such as increased control, without considering fully other implications. As the Peter Parker principle reminds us, with great power comes great responsibility. In the fund context, sponsors should remember the portfolio company corollary: with greater control comes greater exposure to liability.
Nowhere is the tension between control and liability risk more evident than where sponsors designate their own members as board directors for portfolio companies. The appointment of sponsor personnel to board seats is commonplace. The reasons are simple; among other things, it allows the sponsor to protect the fund’s investment and many sponsors believe it enables them to d