The Changing Scene - Veteran dealmaker Michael Hoffman is switching private equity houses, moving from Blackstone Group to Riverstone Holdings, a specialist in purchasing utility properties. That's an area where Hoffman enjoys considerable expertise. The change signifies heightened interest in using leveraged formats to buy operations in the troubled and restructuring utility industry.
Year of publication:
Mergers & acquisitions. - New York, NY : Investment Dealers' Digest, ISSN 0026-0010, ZDB-ID 8628555. - Vol. 38.2003, 4, p. 18-19