Good morning, dealmakers. MK Flynn here with the Wire. A take-private deal for Toshiba tops the news this morning. We’ve also got some more insights on how the collapse of SVB is affecting private equity dealmaking. Spoiler alert: There’s not a lot of impact. Continuing our Women’s History Month coverage, we catch up with three women dealmakers we profiled in the past who have made it to partner. Deal of the day Toshiba’s board has agreed to a $15 billion take-private buyout led by Japan Industrial Partners, a Tokyo-based investment fund, and including about 20 companies, multiple news organizations are reporting. Path to partner Although private equity relies on an apprenticeship model, the path to partner is not necessarily linear. Among the 60 women PE Hub and Buyouts have profiled over the years, several have transitioned into the role of partner since we profiled them. PE Hub’s Tara Lindenbaum caught up with three of them, Christine Hommes at Apollo, Tara Gadgil at Thoma Bravo and Katherine Wood at TPG, to discuss their careers and how they made their way to the partnership level. For more on women in PE, including profiles of 10 outstanding dealmakers, click here. SVB fallout We’ve been asking sources about the impact of SVB’s collapse on private equity. PE Hub’s Obey Martin Manayiti asked Richard De Silva, founder and managing partner of Lateral Investment Management, for his perspective. If you have insights to share, send them to me at [email protected]. That’s it for today. Obey will be back tomorrow with Friday’s Wire, and I’ll see you on Monday. Happy dealmaking, MK Read the full wire commentary on PE Hub ... |