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Adam Lewis

Financial Writer

Adam Lewis was a financial writer covering private equity for PitchBook. He covered dealmaking, company and investor news for the PitchBook newsletter and blogs about the intersection of private equity and politics. A graduate of the WSU’s Edward R. Murrow College of Communication, Adam was previously a sportswriter covering the Mariners and Seahawks.

Articles by Adam Lewis

Private equity’s future hinges on ditching worst impulses

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PE firms can be a vehicle for economic growth or the grim reaper for an already struggling company.
September 18, 2021

PE rethinks sports investing strategy after fans and teams cry foul

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Private equity’s push into professional sports investing initially appeared like a slam dunk. But it’s been tough for some investors.
August 31, 2021

Sports-betting data provider selects IPO in latest blow for blank-check deals

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Sportradar has filed to go public on the Nasdaq via in IPO after nixing a major SPAC deal in June, as the allure of blank-check companies continues to wane following their unparalleled popularity earlier this year.
August 17, 2021

A PE windfall from infrastructure package is no sure thing

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The US Senate this week passed a sweeping $1.2 trillion infrastructure bill, but it remains unclear if the bill will be a win for the PE industry.
August 14, 2021

Dyal’s deal for Phoenix Suns shows private equity wants winners

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Dyal Capital has acquired a minority stake in the Phoenix Suns, continuing PE’s push to back winners.
July 5, 2021

Middle-market private equity firms show appetite for restaurant rebound

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For investors, the US restaurant industry has always been challenging. But one PE firm’s move into the space has paid dividends.
June 23, 2021

PE firms join forces with HBCUs as industry grapples with lack of diversity

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Private equity has long been known for a lack of diversity. But industry stalwarts are trying to change that.
June 14, 2021

Pensions under fire after PE underperforms

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Controversies at public pensions in Ohio and Pennsylvania have called into question the legitimacy of their PE returns.
June 12, 2021

Private equity brushes off past club deal woes with $34B Medline buyout

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After recently backing away from so-called club deals that bring together multiple firms, the industry now has its largest acquisition in years.
June 7, 2021

Opaque private equity is marketing to retail investors despite pushback

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It’s been a year since federal officials announced policies meant to crack open private equity funds for the first time to retail investors through 401(k) plans and other pensions. But critics continue to point out the risks.
June 1, 2021