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Firms Funding Private Equity Deals at Golden Networking's Private Equity Happy Hour in New York City

|Includes:Center Bancorp, Inc. (CNBC), HP, IBM

Private Equity Happy Hour New York City, http://www.PEHappyHour.com, will congregate Tuesday January 17 the most interesting mix of professionals in the private equity world, for an evening of networking and cocktails. General partners, limited partners, and individual and institutional investors, among others, will be in attendance for the world’s best networking in the private equity community. Private Equity Happy Hour receptions are great opportunities for them to speak with unprecedented candidness about their trade, both opportunities and challenges.

As reported by The Wall Street Journal’s Gregory Zuckerman, private equity firms are doing fewer big deals in recent years and lately are running into difficulties selling companies they already own. With debt less available than before the financial crisis and prices for acquisitions up, returns on investments are down. As a result, private-equity bosses are focusing on midsize deals, growing existing businesses and expanding into real estate and other areas, rather than piling on debt for megadeals. To adjust to the new buyout world, private-equity firms are looking for high-growth and smaller companies. Firms are expanding teams of executives charged with improving operations of companies they buy. Nearly half of Blackstone's deals since 2009, for example, have been stakes in start-up or "platform" companies that it will slowly grow through deals. From 2000 to 2009, Blackstone did half as much of this investing, the company says. "The buyout business is always changing. Now we're seeing more equity in deals and it has proven harder to get new deals done," says David Rubenstein, a founder of Carlyle Group, which managed to sell 43 companies and take 10 public last year despite the slowdown. "But the core concept behind buyouts—giving managers a big stake in a company's success—will always generate a good rate of return. It's still a pretty good business." "Old-fashioned LBO deals, in which firms put a lot of leverage on a company, won't work today," says David Mussafer, co-chairman of Advent's executive committee, who says 30% to 40% of his firm's recent buyouts were done without any borrowed money, nearly double the levels of a few years ago. "We're all asking what can we do to improve a business." Private Equity Happy Hour New York City is produced by Golden Networking (http://www.goldennetworking.net), the premier networking community for business executives, entrepreneurs and investors. Golden Networking has compiled the insights of top experts and industry practitioners and produced DVD Video Packages for its Leaders and Experts Forums, including:

·       High-Frequency Trading Leaders Forum 2011 DVD Video Package, "How Speed Traders Leverage Cutting-Edge Strategies in the Post-Flash Crash World", http://www.HFTLeadersForum.com

·       High-Frequency Trading Experts Workshop DVD Video Package, "Practical Implementation of High-Frequency Trading Strategies", http://www.HFTExpertsWorkshop.com

·       2nd China Leaders Forum DVD Video Package, "Is the Chinese Dragon Poised for Global Dominance or Economic Implosion?", http://www.ChinaLeadersForum.com

·       Distressed Investing Experts Forum 2010 DVD Video Package, "Analyzing and Valuing Distressed Companies, Securities and Real Estate", http://www.DistressedInvestingExpertsForum.com

·       Derivatives Leaders Forum 2010 DVD Video Package, "Strategies for Increasing Profits under an Evolving Regulatory Framework", http://www.DerivativesLeadersForum.com

·       High-Frequency Trading Leaders Forum 2010 DVD Video Package, "Innovating and Profiting from High-Frequency Trading in 2010 and Beyond", http://www.HFTLeadersForum.com

·       Hedge Funds Leaders Forum 2010 DVD Video Package, "Generating Alpha in Challenging Times", http://www.HedgeFundsLeadersForum.com

·       High-Frequency Trading Experts Forum 2010 DVD Video Package, "Starting and Running a High-Frequency Trading Operation", http://www.HFTExpertsForum.com

·       Distressed Investing Leaders Forum 2010 DVD Video Package, "Extraordinary Opportunities Investors Cannot Afford to Pass", http://www.DistressedInvestingLeadersForum.com

·       China Leaders Forum 2009 DVD Video Package, "Addressing the Challenges Posed by the Present Wave of Chinese Globalization", http://www.ChinaLeadersForum.com

·       Distressed Investing Leaders Forum 2009 DVD Video Package, "The Most Comprehensive Guide for Any Investor in Distressed Assets", http://www.DistressedInvestingLeadersForum.com

Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to info@goldennetworking.net. Golden Networking has been frequently featured in the press, including recent articles in The Wall Street Journal, "Happy Hour for High-Frequency Trading", The New York Times, "Golden Networking Helps Job Seekers Make Overseas Connections", Los Angeles Times, "Speed-addicted traders dominate today's stock market", Reuters, "Revamp looms as trading experts huddle at SEC" and Columbia Business School's Hermes Alumni Magazine, "10 Under 10".

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Stocks: CNBC, IBM, HP