Jessica Murray Joins Ropes & Gray in New York, Adding Strength to Market-Leading Private Equity Practice

NEW YORK, Nov. 28, 2022 /PRNewswire/ — Ropes & Gray, named both the “2022 Law Firm of the Year” and the number one firm on the 2022 A-List by The American Lawyer (in the U.S. and U.K.), today announced that Jessica Murray has joined the firm as a partner in the firm’s global private equity practice.  She is based in Ropes & Gray’s 500-lawyer New York office.

Jessica brings extensive experience advising market-leading private equity sponsors and their portfolio companies in all aspects of complex transactions, including mergers and acquisitions, leveraged buyouts, strategic investments, joint ventures, and divestitures. She

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Collateralised fund obligations: how private equity securitised itself

The US hospital staffing company Envision Healthcare, owned by the private equity firm KKR, has the lowest possible junk-grade credit rating and is at risk of bankruptcy, according to Moody’s.

But an ownership stake in Envision, bundled with stakes in hundreds of other private equity-owned companies, has been transformed into a financial security marketed to ordinary savers as a safe investment with a stellar credit rating.

The product is known as a “collateralised fund obligation” and its aim is to diversify risk by parceling up the companies providing returns. CFOs are, in some ways, a private equity variant of “collateralised

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Discover Home Loans: Home Equity Loan and HELOC Review

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Escalon Secures Growth Equity Investment from New Harbor

PALO ALTO, Calif., Oct. 25, 2022 (GLOBE NEWSWIRE) — Escalon, the leader in the over $300 billion Essential Business Services (EBS) market, today announces it has entered into a recapitalization agreement with New Harbor Capital. Escalon’s first investment partner in 16 years, New Harbor Capital will make a substantial investment in Escalon for continued organic growth, M&A opportunities, and technology advancement.

Escalon’s EBS solution is a one-stop shop for all the back-office business essentials growth-minded companies need, including accounting, bookkeeping, taxes, insurance, payroll, benefits, and recruiting. With this new investment, Escalon’s EBS solution will be equipped to offer companies of

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When does a home equity loan make sense?



CNN
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While the pandemic created unique challenges in nearly every sector of the economy, the US housing market surprised everyone by holding strong, and that pattern has continued into 2021.

Recent data from the National Association of Realtors shows that, from June 2020 to June 2021, the median price for single-family existing homes saw a near-record year-over-year increase of 22.9%. And interest rates for many financial products continue teetering near record lows.

This has left many consumers wondering if now’s the best time to access the equity that’s built up in their homes over the last few years. If

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Pros And Cons Of Home Equity Loans

One of the benefits of homeownership is being able to tap into the equity in your property and use it as collateral for a loan when money is needed to pay for major expenses such as home improvements or debt consolidation. Funded in a lump sum and paid back over five to 30 years at a fixed interest rate, home equity loans can be a good choice for these types of large cash needs.

However, there are also some drawbacks to consider before proceeding with a home equity loan. Here are the pros and cons of home equity loans.

Key

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