Private equity companies are doing well. The Blackstone Group's Hamilton James told The New York Times in October that the corporate loan market "is almost hard to believe." Mr. James said that more than 50 percent of the debt carried by Blackstone companies was either refinanced at a lower cost or modified with better terms last year. And when a company prospers, so do its top executives.
March 03, 2011 at 12:00 AM
1 minute read
Private equity companies are doing well. The Blackstone Group’s Hamilton James told The New York Times in October that the corporate loan market “is almost hard to believe.” Mr. James said that more than 50 percent of the debt carried by Blackstone companies was either refinanced at a lower cost or modified with better terms last year.
And when a company prospers, so do its top executives.
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