Hints and tips:
...Oaktree, the credit investor co-founded by Howard Marks and Bruce Karsh, has been on a fundraising push as it looks to compete with larger rivals....
...The credit investment manager co-founded by Howard Marks expects to offer loans of about $500mn or more to leveraged buyout groups, money they will use to fund corporate acquisitions, according to a letter...
...The idea of a wholesale conversion of obsolete office towers into desperately needed housing, as New York City’s Mayor, Eric Adams, has proposed, seems far-fetched....
...Last week, Oaktree Capital co-founder Howard Marks told clients the group was trying to raise $10bn to fund loans for big buyouts....
...Maintaining this culture is something Susie and Howard take very seriously....
...Additional reporting by Eric Platt in New York...
...At the same time, he will have to navigate a board which includes two of Buffett’s children, Howard and Susie, as well as executives such as Jain, who has for years reported directly to the billionaire....
...Howard Marks, the co-founder of $172bn investment group Oaktree Capital Management, has warned that the boom in private credit will soon be tested as higher interest rates and slower economic growth heap...
...Ayon Audio Orion II, $3,910 The last music I bought was “Paid In Full” by Eric B & Rakim....
...One of them was owned by Sir Howard Stringer, former chair of Sony, but he was about to sell....
...“I think with this latest [inflation] number, the Fed is really going to go for it and this will cause an economic slowdown,” said Julian Howard, lead investment director for multi-asset solutions at fund...
...First, using data provided by the great Howard Silverblatt of S&P Indices, here is a chart of the year-over-year change in dollars spent on buybacks by companies in the S&P 500 index, plotted against the...
...On Wednesday, Milken and Howard Marks, the co-founder of Oaktree Capital, reminisced about old financings such as those for sewing-machine maker Singer and machinery giant International Harvester....
...To avoid bankruptcy, Twitter could do the following, the FT’s Tabby Kinder, Richard Waters and Eric Platt explain: Pay the interest from Twitter’s dwindling cash reserves (the company only has a cash position...
...Among the biggest winners this year have been the BH-DG Systematic Trading fund, run by a joint venture between hedge fund firm Brevan Howard and former Chase Manhattan trader David Gorton....
...Ray Dalio and Howard Marks could take tips in brevity from the billionaire. As he was tweeting, Musk was also selling Tesla stock....
...Additional reporting by Eric Platt in New York and Hudson Lockett in Hong Kong Are we heading towards a global recession?...
...DD’s Antoine Gara, Eric Platt and Ortenca Aliaj report that lenders such as Barclays, Bank of America and Morgan Stanley are waiting to see a clear business plan from Musk to start marketing the debt....
...Howard Morgan, chair of New York venture firm B Capital, singles out the tech industry’s various attempts to revolutionise the transport sector as one cause of regret....
...Job moves Howard Schultz is returning to the helm of Starbucks on an interim basis after chief executive Kevin Johnson announced that he would retire next month....
...Companies may find themselves excessively indebted after the coronavirus pandemic even if their businesses rebound, Oaktree Capital founder Howard Marks has warned, underlining the strain facing corporate...
...But in a memo to clients on Monday, veteran distressed debt specialist Howard Marks warned that while it was “easy to be seduced” by low valuations, “investing on the basis of rote formulas and readily available...
...There are several triggers that could break the cycle of low yields, said Eric Winograd, senior economist for fixed income at AllianceBernstein....
...And this week hedge fund Brevan Howard moved to invest up to 1.5 per cent of its main fund in cryptocurrencies, according to a person briefed on the matter....
...Howard Marks, the high-profile distressed debt investor, recently told clients that the equations often used to value companies “were not built to handle high-double-digit growth as far as the eye can see...
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