Hints and tips:
...BlackRock was interested in a tie-up with Warburg Pincus because its chief executive Larry Fink had identified alternative investments as a strategic growth area....
...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....
...Jane Street is suing Millennium Management and two former employees for allegedly stealing trade secrets in a rare public spat between two big Wall Street investment firms....
...Robert Koenigsberger, founder of the Greenwich, Connecticut-based investment firm, told the Financial Times that distressed bonds of Chinese developers such as Country Garden, which currently trade at a...
...The loan includes co-investments from some of its clients. Such investments have become a key part of Gramercy’s pitch to clients that it can deliver returns, no matter what the broader market does....
...Raine also advised both sides as Nassef Sawiris and Wesley Edens welcomed new investment from investment firm Atairos into V Sports, the owner of Aston Villa, just days before Ratcliffe struck his agreement...
...“Putnam will add complementary capabilities to our existing specialist investment managers to meet the varied needs of our clients.”...
...“If China and western countries starting with the US and Canada are not going to do as much trade and direct investment with each other . . . you ought to look at the countries that can receive investment...
...Smart reads Tough act to follow Morgan Stanley’s soon-to-be chief Ted Pick faces a challenge most Wall Street CEOs would envy, the FT’s Brooke Masters writes: keeping up the winning streak....
...Warburg Pincus is a traditional private equity firm with more than $80bn in assets under management that focused on growth investment....
...Global investors look to domestic investors for the signal to validate the investment, and that local signal has simply flickered out.”...
...I will miss him,” wrote Bill Gross, the founder of bond-focused investment house Pimco....
...Brooke Masters is the FT’s US investment and industry editor American Midnight: A Great War, a Violent Peace and Democracy’s Forgotten Crisis by Adam Hochschild, Mariner Books $29.99, 432 pages...
...By originating assets directly, Apollo and Pimco are trying to ensure they have a steady source of credit investments as well as a good sense of the quality of the paper they are selling on to their investors...
...Closing up shop The reeling back of Amazon’s brick and mortar ambitions shows that disruption is harder than it looks — even for tech giants, the FT’s Brooke Masters writes....
...“The global energy transition is a once in a generation investment opportunity which requires trillions of dollars of investment,” he said....
...Now the $5.5bn investment manager sees parallels in China, where the value of property company bonds has plummeted since the giant developer Evergrande began missing payments on its debt last year....
...“It has an early-innings feel of a repricing of credit risk,” said Todd Lemkin, chief investment officer of Canyon Partners, who said bank risk committees are likely to be dialling back their financing commitments...
...Guggenheim Partners chief investment officer Scott Minerd called time on the long-running Treasury bull market, warning interest rates could “trend higher for a generation” as the Federal Reserve tightens...
...With renewed scrutiny of Epstein’s crimes, financial institutions began to put new investments with Apollo on hold....
...Net flows to US long-term mutual funds have been negative for seven of the past eight years, according to the Investment Company Institute....
...On Tuesday, he told Techcrunch he preferred companies that made products rather than cryptocurrency and NFT investments, which were “100 per cent based on greater fool theory”. 5....
...Share your ideas with us at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...brooke.masters@ft.com Follow Brooke Masters with myFT and on Twitter...
...This exhibition at the V&A invites us into the opulent world of master goldsmith Carl Fabergé and his London clientele....
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