Unlike private-equity funds and other more aggressive firms, the debt fund expects investment returns in the 20 percent to 25 percent range. But if a portfolio company fails to hit performance targets — and eventually defaults and sinks into bankruptcy — Snowbird would be ahead of private-equity funds on the creditors' line.
Most Popular
advertisement
Inside this Report
- » Return to Main Page
Best of 2006 Summaries, by Subject
- Best of 2006: Accounting
- Best of 2006: Capital Markets
- Best of 2006: Technology
- Best of 2006: Risks and Benefits
- Best of 2006: Careers
- Best of 2006: Deals
- Best of 2006: Law and Order
Accounting
- FIN 47: The Future Is Now
- How Much is that Error on the Books?
- Accountants: Going Once, Going Twice
- Securitization: Cash Flow on Tap
- Up on Cripple Creek, a New Kind of Gold
- Execs' Letters Rip FASB Pension Draft
- Simplifying Accounting Isn't Simple
- Gift Cards and Revenue Recognition
- SEC Issues Option Accounting Guidance
- Will FASB Fix Pensions, or Freeze Them?
- FASB Calls for a Cultural Change
- Binomial Creeping Up on Black-Scholes
- Hedge Accounting Still Befuddling
- Capitalization Clouds Comparisons
- Restatements: Stupid Human Tricks?
- The Battle to Preserve LIFO
- FASB To Change Derivative Accounting
- FASB Issues Lease Accounting Guidance
- FASB Hoists Red Flags Higher for Taxman
Capital Markets
- Bush Signs Rating Agency Reform Act
- How Sarbox Can Cure the Rating Agencies
- Are Buybacks Financial Coverups?
- Bondholder Backlash
- Fed: Hedge Funds Get Too Much Credit
- This Way to the Mezzanine
- What’s a Backdated Stock Option Worth?
- If You Love a Company, Set It Free?
- A Hard Shell
- Private Equity Firms Chasing Small-Caps
Technology & Financial Software
- E-Proxies to Debut in 2007
- Finding Out What Customers Really Think
- Managing Tech Change at the Office
- Spreadsheet by Google?
- Due Diligence, Quick and Clean
- Gizmos to Keep You Cool, Calm, Connected
- The Cost of Mobile Working
- Gadgets: A Love/Hate Relationship
- 10-Ks, 8-Ks a Thing of the Past?
- A Vision Problem at Top Audit Firms
- The Unproven Promise of XBRL
- Ready or Not, XBRL Is Coming
- Will the AICPA Take Over XBRL Standards?
- Survey: IT Falls Behind on Compliance
- Solving the Audit Gap
- SAS 70 Weak on Data Security: Experts
- How to Put Your Spreadsheet in Lockdown
- Is Your Blackberry a Hacker's Back Door?
- I'm Your Laptop and I've Been Stolen!
- Are Your Business Partners an IT Threat?
Risks & Benefits: Employee Benefits
- Can 401(k)s Replace Pensions?
- Pension Act Tilts to Cash-Balance Plans
- HSAs May Not Deliver Savings
- Sprucing Up the 401(k)
- FASB Rule Puts Pensions on Balance Sheet
Risks & Benefits: Risk Management
- Coming Distractions: Eight Looming Risks
- How Regulation Drives up Insurance Costs
- How to Bungle Political Risks
- Defending Against Backdating Suits
- Who's Controlling the Controller?
- Risk Management: More Talk Than Action
Risks & Benefits: Insurance
- Directors Wary of Compliance Litigation
- Property Insurance's Uneven Price Blip
- Insurers Seek Freedom from States
- A Tale of Two Insurance Markets
Careers
- Making the Short List for CEO
- Leaving Finance for a Second Career
- Take a Break, But Keep It Short
- Job Candidates Look for the Perfect Fit
- Becoming a Bigger Fish in a Smaller Pond
- Private Equity: Seeking CFOs
- A Job May Be Looking for You
- Would-be CFOs and the Board of Directors
- When Finance Careers Swing Through IT
- Are You Overworked?
- UnitedHealth CFO Resigns Amid Overhaul
- Comverse CFO, Two Others Resign
- Will CFO Decker Take the Reins at Yahoo?
- HP CFO Wayman to Retire
- Bank of America CFO Resigns
- Sears Taps Monaghan as CFO
- The Post Office Gets a New CFO
Deals
- Private Equity: Caveat Emptor
- Clean Rooms Keep Merger Secrets
- How Private Equity Changes Corporate M&A
- Mergers for Small Companies On the Rise
- Acquisitions: Try Before You Buy
- M&A Deals Turn a Corner?
- Conflicted M&A ''Fairness'' Opinions
- Cash Stockpiles Will Fuel Mergers: PwC
- Numbers Don't Drive Deals, People Do
- Foreign Firms Speed Up U.S. Acquisitions
Law & Order
- Where Are They Now?
- Penalty Box
- The CFO's Best Defense
- Fastow Sentenced to Six Years in Prison
- Lay, Skilling Guilty
- What Skilling's Sentencing Means
- Ken Lay's Record Cleared of Convictions
- Feds Want Skilling to Pay Lay's Share
- Ebbers Goes to Prison
- Ex-CFO Helps Healthsouth Fight Scrushy
- Probation for Adelphia's Michael Rigas
- Kozlowski Sells $10 Million Mansion
- Accountant Gets Death Penalty
- Accountant Embezzled to Pay Dominatrix
- Former Church CFO Indicted by FBI
advertisement
Reader Comments» Post a comment