Hints and tips:
...In July, the number of single-family homes under contract in the wider Fairfield County rose 63 per cent compared to the previous year. The value of those contracts was up 104 per cent....
...And Fairfield County, where Greenwich and many hedge funds are located, is the most unequal region in the state....
...GE today employs about 250 people at its temporary headquarters in Boston, compared with about 800 at its previous head office in Fairfield, Connecticut....
...A state of emergency has been declared after the deaths were reported in the British overseas territory by the Caribbean Disaster Emergency Management Agency....
...This week GE came under fresh pressure from activist investor Nelson Peltz to improve its returns — his Trian Fund Management has become a top 10 shareholder with a 1 per cent stake....
...Warburg Pincus and Riverstone backed Fairfield Energy, a UK-focused independent established in 2005 with assets in the North Sea....
...It is funny because it is true: the gulf between the cultures of Palo Alto, California and GE’s headquarters in Fairfield, Connecticut is wide....
...The company’s management team consists of seasoned veterans of North Sea oil exploration....
...Since 1950, when management writer Peter Drucker published a Fortune article, “The Graduate Business School”, questioning whether management education institutions had successfully established their purpose...
...But Ip explains this paradox through entertaining and provocative parallels with the worlds of civil aviation, flood management and forestry....
...Another concern is the company’s external management structure. Most public property companies are internally managed to align the interests of management and shareholders....
...LYNDA GRATTON Professor of Management PracticeLondon Business School Lynda Gratton directs a number of executive and student courses....
...Eight years after co-founding one of the first hedge funds, Fairfield Partners, in 1965, he joined Morgan Stanley as a General Partner and Managing Director....
...“I didn’t want to add another big layer of management,” he says. “What you see on this floor is about as big as it’s going to get.”...
...Pictet & Cie also allegedly invested in some of the main funds that funnelled money to Mr Madoff, including Tremont Group, which has been sued by Mr Picard, and Fairfield Sentry....
...Following the transaction, Marchfield will retain a 20 per cent stake in Fairfield and be responsible for its management....
...In the process, he became wealthy – once owning the most expensive home in Fairfield, Connecticut....
...Chen Yang, an executive in JPMorgan’s market risk management department, is alleged to have raised concerns about Mr Madoff’s firm during his review of a feeder fund run by Fairfield Greenwich Group, in...
...Later in the year the listing of Fairfield Energy, an oil and gas explorer, was pulled due to a lack of investor demand....
...Fairfield said in January 2009 that it lost $6.9bn that it had invested with Mr Madoff. That represented half of the money it had under management at the time the fraud was uncovered....
...Fairfield's management, which holds 5 per cent of the company, would have seen the value of its stake rise to $50m if the company had listed at the top of its 220p-to-420p price range....
...The deal follows news last week that Carlyle was taking a 55% stake in Claren Road Asset Management, a $4.5bn hedge fund....
...Managing director of Goldman Sachs since 1994, Gerald Corrigan has served on several committees at the bank, including risk management, business practices and firmwide commitments....
...Fairfield’s management hopes the hire of Iain Macdonald as chief financial officer will bolster the company’s appeal to prospective investors. Mr Macdonald retired from BP in March this year....
...In March, Iain Macdonald, former deputy chief financial officer of BP, joined Fairfield as CFO as the company sought to bolster its management team ahead of a stock market listing....
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