Hints and tips:
...Consolidation in the asset management industry continues as groups seek new growth avenues. Liontrust struck a deal to buy Majedie Asset Management to push further into the institutional market....
...We provide numerous avenues for employees, including a 24/7 anonymous hotline, and will promptly investigate any new claims of misconduct,” it said....
...It happens on the Q train as it crosses the Manhattan Bridge, or the 7 in multiple spots in Queens. But my local great reveal is on the F train in Brooklyn....
...Commercial mortgage-backed securities data company Trepp categorises 37.7 per cent of all New York hotels on its watchlist, designed to warn investors before a mortgage is transferred to debt collectors...
...By Monday the pair, along with their partners Avenue Capital and Len Blavatnik’s Access Industries, had remarkably changed their minds and backed out of the restructuring of EP Energy as the FT reported....
...EP Energy, whose drilling activities are focused on Texas and Utah, had been acquired by an investor group led by Apollo in 2012 for $7.2bn....
...But it’s not as though a critical avenue of growth has just been closed off to them. For a start, big acquisitions have been scarce lately....
...So-called consensus trades turning sour have ruined the bonuses of many masters of the universe on Park Avenue....
...Satellite Art Show 18 NW 14th Street December 7-9 satellite-show.com Relocating to a parking lot to keep costs down, Satellite is running with the theme this year by making booths from shipping containers...
...The XI, 11th Avenue, Lower Manhattan, $28m (Douglas Elliman) The five-bedroom, 5,663-square foot penthouse is in the XI, Bjarke Ingels’ addition to the Manhattan skyline....
...Nada Ice Palace Studios, 1400 North Miami Avenue December 7-10 newartdealers.org The New Art Dealers Alliance (NADA) moves uptown for 2017, where it stages its 15th edition and continues its legacy of...
...A measure of US high yield bond defaults by Fitch Ratings climbed to 4.7 per cent in mid-June, up from 3.8 per cent at the end of April....
...Before its first dedicated energy fund, which closed fundraising last year, Avenue had invested $7.5bn in the energy and utility sectors since 1997 across its funds, and generated 22.9 per cent gross returns...
...Ferrari, which has historically capped its annual sales to preserve exclusivity, shipped about 7,250 cars last year, generated €2.8bn in revenues and earnings before interest and tax of €389m....
...He is confident that 18 paintings of New York by British artist Andrew Gifford ($7,000-$12,000, with larger works priced at $80,000) will find buyers....
...Facebook flailed in its first ventures on to Madison Avenue, when it tried to reinvent ads without understanding advertisers’ desire to measure and compare different media....
...Using a conservative model that assumes Mr Ballmer could account for $1.5bn in goodwill and a re-investment rate of 7 per cent, the potential tax shelter equates to about $1bn in current terms....
...Deloitte’s move across the city’s Jana Pawla II Avenue is one of many big tenancy deals this year that have merely moved rental income from one building to another....
...The property has 14 residences that range from three to six bedrooms and measure between 3,300 and 7,000 sq ft. Units start at $10m, with penthouses at $20m, through Stribling Marketing Associates....
...Sales in the nine months to September 30 rose 7.6 per cent to $1.08bn, compared with the same period a year ago. The company’s net losses narrowed $7m to $46.5m. The company has no net debt....
...Also, 888 has set up a joint venture with investment firm Avenue Capital Group to launch 888 brands in the US market as and when regulation allows....
...Recently BC Partners lost control of Fitness First to creditors led by Oaktree, while Denver based fast-food chain Quiznos was acquired by Avenue Capital, with its private equity owners CCMP Capital Advisors...
...November and December sales in Tiffany’s Americas region, which includes Canada and Latin America, were up just 2 per cent compared with 2010, while sales at its flagship Fifth Avenue store falling 1 per...
...The sign above the entrance to its Sixth Avenue skyscraper still reads The McGraw-Hill Companies but the question in its roomy executive dining room, in the wider Manhattan media world and on Wall Street...
...The Madison Avenue group, the second largest by revenues, is also appointing privacy officers in more agencies to ensure the responsible use of data collected from internet advertising....
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