
Recent Press Releases (U.S. and international) for magazine issues and staff changes may be found below. Please note that for many issues there exists only a highlights sheet, while for others there may also be a full press release. The cover of FORTUNE's current issue is pictured at right. Please contact the appropriate communications staff member with any questions.
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Highlights of the May 26, 2008 Issue of FORTUNE
FEATURES THE YEAR OF THE VULTURE, by Allan Sloan and Katie Benner, page 62 It's going to take a while — possibly a long while — for the financial tide to turn and for us to know for sure whether private equity's march to the public markets is a good thing. What's certain is the days of easy money and megadeals are gone. At least for now. FORTUNE describes how the private equity firms that will thrive in the year ahead are those that know how to profit from others' misfortunes. THE BIGGEST DEAL EVER, by Stephanie N. Mehta, page 74 Bagging Bell Canada put Providence Equity into the top tier of private money firms. Now CEO Jonathan Nelson has to keep it there. Nelson says that tough times in the markets will not lead him to alter his basic strategy. Providence certainly will do more big deals; after all, it has $12 billion to put to work. But while some peers look for distressed companies to bail out or bad debt to buy, Nelson plans to stick with what he knows best. FORTUNE details Nelson's plans to keep Providence on top. THE LARGEST U.S. PRIVATE COMPANIES, page 82 When Mars, the people who give us M&Ms, announced a deal to acquire Wrigley this spring, it was another reminder of how many household names operate outside the public markets. FORTUNE brings you thirty-five giants. THE PRIVATE EQUITY POWER LIST, by Katie Benner, Telis Demos, and Jia Lynn Yang, page 85 What happens to the leveraged-buyout business when there is no leverage? That is the question that many private equity firms are now wrestling with as cheap debt has evaporated. In response, some firms scoured the middle market. Others returned to their roots as distressed-debt investors. Still, the evolution of private equity firms from rebel buyout shops to publicly traded asset managers continues. This is FORTUNE's tout sheet of the biggest. PRIVATE-MONEY UNIVERSITY, by Katie Benner, page 94 Hedge fund managers, Wall Street big shots, and private equity fund owners are BDOCs (big donors on campus) these days. FORTUNE gives a select portfolio of their buildings. WHERE DOES GOOGLE GO NEXT?, by Adam Lashinsky, page 104 Yes, it's making gobs of money. Yes, it's full of smart people. Yes, it's a wonderful place to work. So what are so many people leaving? FORTUNE explores the reasoning behind the exodus and the challenges Google is facing in this FORTUNE 500 series feature. TEAM BUILDING IN PARADISE, by Jeffrey M. O'Brien, page 112 Each year Seagate Technology spends $2 million for 200 employees to spend a week hiking, kayaking, and adventure racing in the mountains of New Zealand. Is it worth it? FORTUNE gives an inside look at extreme corporate bonding. FIRST Pushing Potash Used as fertilizer around the globe, potash is the mineral of the moment. PLUS: The Deal; The Three-Minute Manager; Value Driven; and more. TECHNOLOGY Finding Cracks in Facebook The social-networking site is taking flak from users, developers, and advertisers. PLUS: Need to Know; Fast Forward. LIFE AT THE TOP The Best New Business Hotels The editors of FORTUNE and Wallpaper* scout the top spots in dealmaking hubs.
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CONTACTS: Brett LeVecchio Katy Reitz
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