| BUSINESSWEEK ONLINE : OCTOBER 16, 2000 ISSUE | ||||||||
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| SPECIAL REPORT
A Pipeline to Losses? LBO funds made huge investments in stocks of public companies this year.
Many of these controversial PIPEs are showing big losses...
AMOUNT SINCE STOCK-
INVESTMENT PRICE
FUND COMPANY MILLIONS CHANGE*
HICKS MUSE ICG $230 -98%
BAIN/T.H. LEE US LEC Corp 200 -79
KKR CAIS Internet 100 -73
TEXAS PACIFIC Convergent 150 -74
Communications
T.H. LEE Conseco 470 -57
CS FIRST BOSTON Winstar 300 -56
APOLLO Allied Waste 440 -37
SILVER LAKE Gartner Group 200 -21
BLACKSTONE Sirrius Satellite 200 +76
T.H. LEE Metris 300 +533
* Reflects percent change in stock price since day before announcement of
investment to end of trading 10/3/00
DATA: BUSINESS WEEK
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ BACK TO TOP |
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RELATED ITEMS Return of the LBO CHART: Largest Buyout Firms CHART: Privileged Investors... TABLE: A Pipeline to Losses? A Buyout Fund for the Internet Age Storming Fortress Europe TABLE: The American Invasion of Europe INTERACT E-Mail to Business Week Online | |||
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