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...Last month UBS agreed to sell an additional $8bn of loans to Atlas SP as part of a renegotiation of the deal that also scrapped an associated investment management arrangement....
...last week....
...After a fractious call with Grant Thornton’s management last week, retirees said the sum they were offered was unfairly low, in some cases coming up short by $1mn or more....
...He is already proving a valuable addition to the Board and management teams.”...
...Successfully traversing such terrain demands forecasting talent, which Ark Investment Management lacks.”...
...Capital One filed an application to complete the transaction to the Federal Reserve and the Office of the Comptroller of the Currency. The Fed sent back a list of questions last week....
...Doing so will add $12.5bn to General Atlantic’s $83bn assets under management....
...Three top-25 firms that have already closed private equity deals — EisnerAmper, Citrin Cooperman and Cherry Bekaert — increased revenues between 38 per cent and 100 per cent last year, compared with an average...
...Jane Street last week filed a lawsuit against the hedge fund, Schadewald and Spottiswood over the strategy, which attorneys for Millennium and the two traders on Friday said was focused on the options market...
...“The persistence in profitmaking of the big multi-strategy firms over the last few years has been a remarkable trend,” said Rick Sopher, chief executive of Edmond de Rothschild Capital and chair of LCH Investments...
...He had met the co-head of Barings’ private finance group Adam Wheeler years earlier, when Wheeler worked at Australian firm AMP Capital, although Weightman said that this brief encounter had no bearing on...
...It started raising for its 16th fund in October 2022 and had received commitments of about $2bn by the middle of last year....
...Apparently, Apollo Global Management has other priorities....
...Earnings per share reached $1.89, up from $1.17 last year and exceeding the average $1.53 estimate....
...Apollo originally entered into an agreement with Credit Suisse — which was rescued by UBS last year — to purchase its securitised products division in 2022, including a related investment management contract...
...Jane Street is suing Millennium Management and two former employees for allegedly stealing trade secrets in a rare public spat between two big Wall Street investment firms....
...Among other multi-manager funds, Eisler Capital, which has $4bn in assets, gained 9.8 per cent last year, according to a person familiar with the matter....
...Last year, UK financial regulators and the Bank of England warned of major risks if cloud companies were hacked or failed....
...His investment nous won him admirers among Wall Street royalty including Oaktree Capital Management co-founder Howard Marks and Blackstone’s Stephen Schwarzman....
...The owners and managers of the True Confidence, who purchased the vessel just days ago from US private equity group Oaktree Capital, gave details of the deaths and injuries in a statement on Thursday....
...A portfolio manager at Izzy Englander’s Millennium Management is preparing to launch what would be the biggest new hedge fund in more than a year after securing $3bn of capital from his employer and taking...
...Last year, the market traded about $645bn a day....
...The Financial Times last week asked Apollo about its billing practices after the appeals court ruling....
...But some smaller investment managers don’t have sophisticated risk-management processes, and their incentives are just to grow and deploy capital. But is that a systemic risk? I’d say probably not....
...The survey by the NYSE, part of Intercontinental Exchange, was put out by its data analytics team rather than its management, but it highlights the growing interest in trading the likes of Nvidia or Apple...
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