Hints and tips:
...Oaktree Capital is seeking to raise $10bn for a new fund that will help finance large private equity takeovers, taking advantage of a void on Wall Street as other lenders are sidelined....
...But . . . people will come back,” said Rob Fullerton, global head of leveraged finance at Jefferies....
...The firm is in the midst of a fundraising push as it looks to raise $10bn to finance large private-equity backed takeovers....
...In March, Oaktree Capital Management, the distressed debt investor founded and co-chaired by Howard Marks, acquired a controlling interest in 17Capital for an undisclosed price....
...“Howard Marks has this cuddly image,” said one rival, “but they do some pretty medieval stuff”....
...Overall “the recovery in the house market has so far been V-shaped”, said Hansen Lu, property economist at Capital Economics, a consultancy....
...“With public market values falling so much, a buyer needs to determine whether the valuation represents the new normal or whether there is going to be a V-shaped recovery in terms of earnings or valuation...
...Howard Davies: I expect little or no change....
...Now, a legal brawl between two of America’s biggest investment firms means the faltering rock’n’roll emblem has also become a symbol of the shifting hierarchy in global finance....
...In the UK, the Sackler name appears on an array of cultural landmarks, including a gallery at the Serpentine, a courtyard at the V&A, an education centre at the Dulwich Picture Gallery, an escalator at Tate...
...“We have entered into [memorandums of understanding] with various commercial banks to the tune of around Rs100bn,” said V Rama Manohara Rao, APCRDA special commissioner....
...A High Court ruling last year in the case of Brevan Howard v Reuters, which was upheld by the Court of Appeal, has reminded us all — not least in the field of business journalism — that the courts have restrictively...
...With a former casino owner now occupying the White House, finance and tech gatherings regularly roll into town, attracting thousands who want to eat, party, gamble, take in a show and forget the real world...
...Elliott v Arconic: Round 2 The nastiest proxy fight of the season concluded on Monday. Or did it?...
...Patrick Pouyanné, chairman and chief executive of Total, said Carlyle would “enable Atotech to pursue its growth ambitions” — hinting at the constraints on his own company’s ability to finance expansion...
...Howard Archer at IHS writes: There will now highly likely be an appreciable easing back in buyer interest from the buy-to-let and second house buyers given that the April rise in Stamp Duty has kicked in...
...Fed up with paying “exorbitant fees” for poor returns, the New York City Employees’ Retirement System has cut its $1.5bn programme, pulling money from managers including Perry Capital and Brevan Howard....
...This would make it harder for the UK to attract the investment inflows that it needs to finance the current account deficit and could weigh heavily down on sterling....
...David Blanchflower, Bruce V. Rauner professor, Dartmouth College My guess is he will be too timorous to do the right thing....
...The pension plan, which registered a 1.1 per cent investment return last year, has $5.4bn invested with a dozen hedge fund managers, including Brevan Howard, Winton Capital and Pershing Square, three of...
...The Sydney operations will be headed by Bryon Beath, who was previously a director in the corporate and asset finance division at Macquarie Group, the Australian investment bank....
...product & privacy counsel, King 44 James Pineda, auditor, ExxonMobil 45 Dan Ricard, consultant, PwC 46 James Allan, head of UK cash management, Barclays 47 Jason Eng, engineering team lead, Bloomberg LP...
...If anybody had any doubt about how serious HMRC take these matters they need only examine the cases of R v Dimsey and R v Allen in 1999....
...David Blanchflower, Bruce V. Rauner professor, Dartmouth College I expect inflation to rise towards 3% in 2017 was import prices rise....
...David Blanchflower, Bruce V. Rauner professor, Dartmouth College Open question. Depends if he injects a major fiscal stimulus....
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