Buyout financing: Creative financing

Who said private equity’s dead? Financing is hard to come by, but Cerberus and Bain both pulled off multi-billion dollar leveraged buyouts in the past week. Yet these deals illustrate the increasingly creative tactics buyout barons must embrace to keep their fee machines running. Take Bain’s $2.2 billion purchase Friday of 3Com. Sure, both Bain and 3Com are Boston locals - but this is a Chinese deal through and through. Bain cleverly brought in a partner in China’s Huawei Technologies, a tech f...