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...He is already proving a valuable addition to the Board and management teams.”...
...Last month UBS agreed to sell an additional $8bn of loans to Atlas SP as part of a renegotiation of the deal that also scrapped an associated investment management arrangement....
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...Their emphasis below: During the current business cycle, we believe real gross domestic product (GDP)i growth could accelerate to 7% per year on average, surpassing that of any year since 1950....
...Per Bloomberg: Apollo Global Management Inc bet on the longevity of senior citizens by acquiring illegal life insurance policies and funneling the payouts through shell entities, according to a new lawsuit...
...Apollo in January bought the equivalent of 21.85 per cent of Applus shares from these funds. These shares, acquired at €10.65, in effect raised Apollo’s offer price....
...Digital artworks of frogs vomiting rainbows and other cartoonish imagery have shown up in bitcoin wallets run by ETF providers, including Cathie Wood’s Ark Investment Management and Bitwise Asset Management...
...DWS said that despite changes to the definitions of net flows and assets under management in its financial reports, its internal definitions had “been consistent since prior to the initial public offering...
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...This performance cemented their dominance over the rest of the industry — the 20 hedge funds that have performed best since their inception manage 19 per cent of assets but they made around a third of annual...
...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....
...business Corinthia Global Management....
...The classic principal and agent relationship — where an investor outsources management of their assets to an outside party — is rife with potential conflicts of interest....
...Apparently, Apollo Global Management has other priorities....
...Multi-manager hedge funds typically allocate capital across tens or hundreds of trading teams that operate a variety of different strategies, and are overseen by a centralised risk management system designed...
...Private market assets under management have grown nearly 20 per cent a year since 2018 and reached $13.1tn as of last June....
...The world’s largest buyout groups, whose ascent in the fund management industry was underpinned by the use of junk-rated loans, are placing low risk lending at the heart of their growth plans....
...of the takeover effort, the people familiar with it said....
...Renamed GV, it now boasts more than 400 companies in its portfolio and has some $8bn in assets under management....
...Past liability management scenarios presented at JPMorgan’s high-yield and leveraged finance event this week included those of Bausch Health and Dish/EchoStar....
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