Due diligence: The traditional business framework used for due diligence when evaluating M&A targets needs updating, Forbes writes.

Bouncing back: Sponsor-to-sponsor transactions helped fuel a rebound in PE-backed loans in the latter half of 2020, reports S&P Global.

They said it

“I do think the industry as a whole still has a lot of work to do as it relates to diversity and inclusion, and quite frankly, I just kind of got tired of the struggle and the fight within the industry, as well as the constraints placed on me related to the struggle and fight outside the industry,”

Former Muller & Monroe Managing Director Rendel Solomon told Buyouts, discussing his decision to leave private equity. 

Today's letter was prepared by Sarah Pringle.

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