Hints and tips:
...HPS Investment Partners has raised $12bn for a new junior credit fund, pushing the private credit firm’s assets under management to nearly $100bn as it becomes an increasingly formidable player across debt...
...FT Live event: Future of Asset Management Asia The Future of Asset Management Asia is taking place for the first time in-person on 11 May at the Westin Singapore and will bring together Asia’s leading asset...
...“Hotbit and the rest employees of Hotbit’s management are not involved in the project and have no knowledge of the illegal information involved in the project....
...His idea was the genesis of experiences he’d gained interning at an investment fund, he said....
...The new company, later named Apollo Global Management, after the sun god, was led by Black and five other former Drexel executives....
...Reach out to us at imani.moise@ft.com or sid.v@ft.com....
...The group has financial backing from private equity firm Apollo Global Management, which provided $555m in asset-backed loans via its credit arm....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...“It’s pretty extraordinary that with this amount of distress you haven’t seen more failures in asset management companies.”...
...(v) Restructuring continues. Of course it does. But what about that Tesla, eh?...
...Warburg Pincus and Credit Suisse bought in at a price of 16,689 dong a share, according to the prospectus....
...Credit Suisse was the sole underwriter of the Social Capital flotation. Shares were allocated to a concentrated group of investors, including mutual funds, hedge funds and sovereign wealth funds....
...Naoki Fujiwara, a fund manager at Shinkin Asset Management, said: “There is some sense of betrayal after the company had long played down the need for a writedown....
...One concept common among blockchain developers is a “genesis block”, the first block of a chain....
...“The epicentre of risk globally is now in the credit markets,” notes Chris Wood, a strategist at Credit Lyonnais Securities Asia....
...Bankruptcy We discussed this at some length on Monday because it reminded us of Texas Competitive Electric Holdings Company LLC (TCEH) in 2011....
...It reminds us of Texas Competitive Electric Holdings Company LLC (TCEH) in 2011....
...Conrad Voldstad: Critics of credit default swaps have got it wrong There has been so much criticism of credit default swaps (CDS) of late that you would think no one was using them any longer, notes Voldstad...
...View from the Markets, FT video: Neal Soss, Credit Suisse Soss, chief economist at Credit Suisse, discusses his bullish view of the US economy, despite headwinds including an increased savings rate, people...
...Related links: SEC V. TREVOR G. COOK, PATRICK J. KILEY, ET AL, Case No. 09 CV 3333 – SEC Litigation release...
...Stefan Stern is the FT’s management writer ………………………………………………………....
...Best regards, Andrew Lahde, CFA Portfolio Manager Lahde Capital Management, LLC...
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