Hints and tips:
...That date is significant because it’s the same day GAM first invested in bonds from Laufer Limited, a special purpose vehicle named after a creek on Lex Greensill’s family watermelon farm....
...With the moon high in the sky, I lay awake reading Tanizaki in bed, looking out through a mesh screen towards the riverine creek....
...Martin Gilbert has stepped down as co-chief executive of Standard Life Aberdeen, bringing an end to the UK fund manager’s unorthodox joint leadership structure....
...As well as her novels, including the Orange Prize-shortlisted Black Water Rising (2009), the Texas-born Locke is also known for her screenwriting; she was co-writer and co-producer of the black music drama...
...As I started to look harder, the names got even better: Lousy Creek, Mosquito Creek, Dead Fish Billabong....
...Aston has been building its flagship project, Maules Creek, which has not yet started producing coal....
...Among the biggest losses are those at the $36bn Paulson & Co, which shot to prominence thanks to its spectacular bets against the US subprime market in 2007....
...Hedge funds such as Paulson & Co and Owl Creek bought some bonds near the time of the bankruptcy in September 2008 for around 35 cents on the dollar, but other bonds for as little as 8 cents in the months...
...The Blackstone-owned theme park operator, which is gearing up for flotation, is paying $22m to a property investment company for Cypress Gardens, located half an hour from Orlando....
...Jason Wang, managing director of Cypress River Advisors in Taipei, said: “Taiwan is a great market. There’s a large middle class. It’s a perfect market for both content and advertising.”...
...From Bloomberg, again: Recovery swaps aren’t traded heavily because bid-offer spreads “remain wide,” Tim Backshall, chief strategist at Credit Derivatives Research LLC in Walnut Creek, California said in...
...However, Michael Hennessy of Morgan Creek Management says: “No one can ever precisely pick the top or bottom of a cycle....
....- statement - Emerging markets asset manager Ashmore said assets under management fell to $36.3bn on net redemptions – statement - Rio Tinto said it had completed the sale of its interest in Green Creek...
...FGIC is owned by PMI, a mortgage insurer, and a number of private equity firms – Blackstone Group, Cypress Group and CIVC Partners LP....
...His new Tiger Select Fund Management will be managed by Mark Yusko, who headed investments at the University of North Carolina until he left to set up his own fund, Morgan Creek....
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