Private equity firms have turned to dividend recapitalizations in recent years to enhance returns on their investment and at the same time still maintain the future upside. While this financing technique is popular, dividend recaps are increasingly drawing fire from institutional investors, analysts, the media and legislators.

Why? Listen to a short podcast with Jim Epstein, a partner with Pepper Hamilton's Private Equity Group, who recently had an article published in The Deal on this interesting topic. During this podcast, Jim discusses the benefits and controversy behind dividend recaps.