Hints and tips:
...Its new fund — known as Strategic Investment Partners V — plans to buy risky debt, including junior loans and convertible bonds, as well as preferred stock....
...to Oaktree clients seen by the Financial Times....
...Goldman Sachs and Citadel Securities are among a group of 10 large trading groups backing bond pioneer Howard Lutnick’s renewed tilt on CME’s monopoly on the US Treasury futures market....
...Last week, Oaktree Capital co-founder Howard Marks told clients the group was trying to raise $10bn to fund loans for big buyouts....
...In his absence, we have a world-class line-up of Financial Times journos, including Katie Martin on the bull case for dividends....
...His investment nous won him admirers among Wall Street royalty including Oaktree Capital Management co-founder Howard Marks and Blackstone’s Stephen Schwarzman....
...Macro hedge funds such as Brevan Howard, Rokos Capital and Caxton posted enormous gains in 2022, though performance was more muted last year....
...They include Alan Howard, the billionaire co-founder of Brevan Howard Asset Management — himself a big Tory donor....
...DD has written about the financial engineering some firms have turned to as a way to unearth liquidity....
...Job moves Former Starbucks chief Howard Schultz is stepping down from the coffee chain’s board....
...A dozen big US financial companies including BlackRock, Blackstone, KKR and T Rowe Price have warned that a backlash against sustainable investing is now a material risk, in filings that show how acrimony...
...Oaktree has previously reassured its clients about the ease with which it could seize the “Project Castle” development, according to a copy of a 2021 investor letter seen by the Financial Times....
...(Pimco) — The PagerDuty CEO who quoted Martin Luther King in her mass sacking email is v v v sorry....
...Macro funds ruled the roost in 2022, but many big “multistrats” also enjoyed good-to-great years despite the breadth of the financial market puke....
...Or Wigdor may have convinced her she could win a public victory as well as a financial one....
...Share your ideas with us at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...“Historically, theatres would focus more of their operation on the production itself,” says Hallgarten national account manager Howard Corrigan....
...The $166bn asset manager, run by Howard Marks in Los Angeles, is planning to bid alone, although it could still become part of a wider consortium, according to two people with knowledge of the plan....
...It was just a “routine transaction”, Oaktree founder and co-chairman Howard Marks told the Financial Times. “I don’t think it’s audacious,” he said....
...This exhibition at the V&A invites us into the opulent world of master goldsmith Carl Fabergé and his London clientele....
...Oaktree founder Howard Marks, a former acolyte of “junk bond king” Michael Milken, has a reputation as one of the savviest specialists in distressed investing, in which hedge funds try to extract profits...
...The default allowed Oaktree — a $158bn asset manager run by Howard Marks in Los Angeles — to take control of the project’s equity, restart construction and begin selling its apartments, the person said....
...Law firm Baker McKenzie has appointed William M Washington III to the role of chief financial officer....
...He was previously a partner and senior economist at macro hedge fund Brevan Howard Asset Management....
...Other hedge fund managers, including Bill Ackman’s Pershing Square and Brevan Howard, followed suit....
International Edition