Hints and tips:
...Among the most interesting parts of TPG’s argument was that its own IPO and $2.7bn purchase of private credit investor Angelo Gordon made it uniquely qualified to see through a transition to a new profit...
...A number of large firms such as Bain Capital have earned some of their best returns from the region....
...Blackstone approached KKR last month to prepare a joint bid for Toshiba, setting the stage for a showdown with Bain, which in April secured qualified support for a buyout deal from Toshiba’s largest shareholder...
...Activist investors such as Bluebell Capital had pushed Vivendi to tweak the conditions of the Universal Music separation in a public campaign but had stopped short of agitating to stop it....
...The iPhone maker was the third-largest company in the world when his fund Greenlight Capital purchased its first share in 2010. Today, this would be a cop out to many....
...Over the past year several high-profile fund managers, from Greenlight Capital's David Einhorn to Nordea Bank's Robert Naess to Morgan Creek's Mark Yusko, have decried the anti-gravity performance...
...In 2013, David Einhorn’s Greenlight Capital demanded that Apple hand out preference shares. It refused but suddenly found $55bn in cash to return to investors....
...Rosenthal, who is qualified in both German and US law, joins from Wilson Sonsini Goodrich & Rosati. Read the full FT story here....
...Capital....
...Activist investor David Einhorn’s Greenlight Capital has gone shopping for shares in Macy’s, the struggling US department store best known for its flagship store in Manhattan....
...David Einhorn’s Greenlight Capital, which took a position in BNY’s stock last summer, said this week that it had withdrawn at a small profit....
...The central bank said its expectation for inflation is mild, according to newswires, giving a greenlight to loosen policy....
...At issue in the case is the interpretation of a ‘qualified securitisation’ carveout clause in the subordinated bond covenants, which are meant to prevent the company from incurring new debt....
...David Einhorn’s Greenlight Capital, Bill Ackman’s Pershing Square Capital and Leon Cooperman’s Omega Advisors have all been hurt by the recent turbulence in financial markets....
...Mr Bass’s hedge fund Hayman Capital has wagered billions that the renminbi and other Asian currencies will depreciate, joining hedge funds such as David Einhorn’s Greenlight Capital and London-based Omni...
...Already some big losers are known: David Einhorn’s Greenlight Capital is down about 17 per cent year to date; Mr Ackman is down 13 per cent....
...Residential Credit Opportunities, an affiliate of Beach Point Capital, and Angel Oak Capital closed on deals this week that recently priced for investors, said people with direct knowledge of the matter....
...David Einhorn’s Greenlight Capital was down 14 per cent at the end of last month....
...The three questions came from David Einhorn of Greenlight capital, on a 2012 conference call about 6 months before Bill Ackman showed up....
...Despite coming from a medical family, with a urologist father and a twin brother who is an oral surgeon, Mr Saunders first qualified as an attorney....
...Other funds, including David Einhorn’s Greenlight Capital, have raised long-term capital through the reinsurance market....
...“But only a few frequent, large issuers are really qualified to issue on a standard schedule.” “A standardised issue would be bigger, less complex and issued less frequently....
...Greenlight Capital said in one of its regular letters to investors: “Now there is a clear consensus that we are witnessing our second tech bubble in 15 years....
...They cite the example of Apple, where a demand by David Einhorn’s Greenlight Capital that the iPhone maker issue preference shares to investors was defeated in February but was quickly followed by the company...
...Many of the ideas have proved woefully miscued, including some from the most high-profile managers who will return to the stage on Wednesday: David Einhorn of Greenlight Capital and Bill Ackman of Pershing...
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