Eamon Murphy

Bill Stoffel reckons he’s worked with all but one or two of the largest private equity firms in the past 20 years. The leader of Ernst & Young’s U.S. PE practice, Stoffel now spends three-quarters of his time with a single very large client. “It’s a pretty multipronged beast,” Stoffel said of private equity, though […]

Kentucky Retirement Systems has come under scrutiny — from an internal audit showing that the institution wasn’t checking its capital calls to general partners, to being ranked the second-most underfunded state pension in the U.S. by Bloomberg. To avoid the former and help the latter, KRS put together an investment-operations team to review all outgoing capital calls. On […]

Lawyer Brian Lenihan got his start in the tech world during the dot-com bubble, he recalled, “doing typical venture capital transactions.” Before long, Lenihan was getting bored with these types of deals. At the same time, as the 2000s began, his clients were “starting to mature, in terms of their looking at larger and larger […]

Jenner & Block is a white-shoe law firm with a sterling reputation. But it “hasn’t historically had a strong presence in the PE space,” new partner Kyle Gann said. Now, he told Buyouts, that’s changing. “In the last couple of years they’ve been making a lot of hires, in terms of lateral partners coming over to […]

Scott Estill, a partner in Skillcapital’s New York office who has nearly 20 years in M&A, saw something amiss with the valuation process in his previous positions. “The frustration point when I was a banker was that it is hard to model out returns with any sort of certainty,” Estill said. “There is often a fair amount […]

Joseph D’Angelo is a busy man these days. A partner at Carl Marks Advisors specializing in turnarounds and restructuring, with expertise in the energy sector, D’Angelo says oil prices have given him lots of work of late. “In both the services side and now more on the [exploration and production] side, we got started two years […]

Here are the key statistics in private equity fundraising, deals and exits for the first quarter of 2015. Download the “Buyouts Insider Q12015 Highlights” slide show: Buyouts-Insider-Q1-2015-Highlights