Quite literally, they convert “airy nothings” of an entrepreneur’s ideas into marketable concepts. A private equity and venture capital professional’s life is certainly hard and glamorous. So, how do MBA students prepare for the grind?

PE firms have refinanced portfolio companies at a crucial juncture using a combination of large banks and junk bonds. Mone poured into junk bond funds at a record pace in 2009, from general bond funds, pension funds and others.

Present-day and next-generation investment industry leaders debated future of funds at the Kellogg School of Management’s private equity and venture capital conference in Chicago, with the conversation returning to value creation.

BY BENJAMIN MIRASKI, MEDILL NEWS SERVICE

Henry Paulson and Ben Bernanke are willing to try anything to solve the financial mess, but for every solution, it seems there is a dead end.

There was the Paulson “Blueprint” for regulatory reform, which so far has gone nowhere but to a committee hearing. Paulson wanted to [...]