Hints and tips:
...to Oaktree clients seen by the Financial Times....
...Its new fund — known as Strategic Investment Partners V — plans to buy risky debt, including junior loans and convertible bonds, as well as preferred stock....
...In late 2020 the Financial Times reported that Talpins’ firm had made a highly prescient call that the results from Pfizer’s phase 3 coronavirus vaccine trials would stun the market by having a higher efficacy...
...Last week, Oaktree Capital co-founder Howard Marks told clients the group was trying to raise $10bn to fund loans for big buyouts....
...In his absence, we have a world-class line-up of Financial Times journos, including Katie Martin on the bull case for dividends....
...His investment nous won him admirers among Wall Street royalty including Oaktree Capital Management co-founder Howard Marks and Blackstone’s Stephen Schwarzman....
...Macro hedge funds such as Brevan Howard, Rokos Capital and Caxton posted enormous gains in 2022, though performance was more muted last year....
...They include Alan Howard, the billionaire co-founder of Brevan Howard Asset Management — himself a big Tory donor....
...DD has written about the financial engineering some firms have turned to as a way to unearth liquidity....
...Job moves Former Starbucks chief Howard Schultz is stepping down from the coffee chain’s board....
...A dozen big US financial companies including BlackRock, Blackstone, KKR and T Rowe Price have warned that a backlash against sustainable investing is now a material risk, in filings that show how acrimony...
...Oaktree has previously reassured its clients about the ease with which it could seize the “Project Castle” development, according to a copy of a 2021 investor letter seen by the Financial Times....
...(Pimco) — The PagerDuty CEO who quoted Martin Luther King in her mass sacking email is v v v sorry....
...Howard Migdal, chief executive of Grubhub owner Just Eat Takeaway’s Canadian subsidiary, will replace him in May....
...Macro funds ruled the roost in 2022, but many big “multistrats” also enjoyed good-to-great years despite the breadth of the financial market puke....
...Multi-manager funds such as Citadel and Millennium, which run money across a wide range of strategies, and macro funds such as Brevan Howard and Rokos that bet on falling bond prices, thrived....
...Many, including Brevan Howard, Astenbeck Capital and Armajaro, even shut commodities funds last decade against a backdrop of wild price swings and lengthy periods of falling prices....
...A sea change is under way in markets, writes Howard Marks, co-founder and co-chair of Oaktree Capital Management, in this opinion piece....
...Or Wigdor may have convinced her she could win a public victory as well as a financial one....
...How Oaktree captured Evergrande’s castle Howard Marks knows the value of investing where others fear to tread....
...Share your ideas with us at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...“Historically, theatres would focus more of their operation on the production itself,” says Hallgarten national account manager Howard Corrigan....
...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....
...The true financial rewards are likely to be far higher, as the court-approved fees are a fraction of the total. Here’s where the fancy footwork comes in....
...The $166bn asset manager, run by Howard Marks in Los Angeles, is planning to bid alone, although it could still become part of a wider consortium, according to two people with knowledge of the plan....
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