LBOs

Citigroup Inc. is structuring the so-called collateralized fund obligation, which will include both debt and equity portions.

TPG Sixth Street Partners' Alan Waxman warns investors are turning a blind eye to an epidemic of fake corporate earnings projections.

The increases are mostly at the junior debt levels of deals, according to the Refinitiv research unit.

The buyout giant has already bought billions of investments once managed by GE Capital and is now sizing up GE's insurance and jet-leasing businesses, according to sources.