Hints and tips:
...These were fees that would have been legitimately owed by the fund,” he said, adding that his understanding was that there was sufficient capital available to repay the accumulated debt....
...US shale oil and gas producers, led by companies such as Pioneer Natural Resources, Devon Energy and Occidental Petroleum, have undergone an especially pronounced economic revival, turning out record amounts...
...The private equity group Searchlight Capital Partners has appointed Elizabeth Chambers and David Klein to its board as senior advisers....
...FrontWell Capital Partners has hired Aubrie De Sylva as vice-president of its deal originations team....
...This time they got lucky in getting the chance to walk away before they incinerated their capital....
...It was the largest venture capital investment into the US that year. It is unclear if Hunter Biden was directly involved in securing this investment....
...John Kay is an FT contributing editor. johnkay@johnkay.com...
...In his book on the Allied Capital affair, Mr Einhorn identifies a central problem: “The authorities really don’t know what to do about fraud when they discover it in progress.”...
...Ratings for Chevron as well as EOG Resources, Apache and Devon Energy, three large independent oil and gas producers, were cut but remained investment grade....
...between a white board of scribbled notes and a screen showing a PowerPoint presentation of the company’s investment thesis, Mr Morley cites a 2008 article by economist and Financial Times columnist John Kay...
...As a result, BP said it was relinquishing the block where the well was drilled, which it acquired as part of a $7bn deal with Devon Energy in 2010, and writing off a total of $1.1bn....
...(Reuters) COMMENT ETC Regulators will get the blame for the stupidity of crowds (Financial Times, Kay) Modi’s silence on crony capitalism speaks volumes (Financial Times) Lopez: Venezuela’s failing state...
...Related link: The ‘tyranny of quarterly earnings’ – John Kay, FT...
...Facebook, say, is being sold off in part because of the heavy capital expenditure necessary to build a sustainable business – its capex-to-sales ratio last quarter was 35 per cent....
...(Financial Times) - John Kay: How remuneration levels vary, often unfairly so. (Financial Times) - How Draghi did it. (Wall Street Journal) - Interview: Brazilian president Dilma Rousseff....
...dinner; Reservations: Yes; Credit cards: Accepted; Price: Expensive; Style: Formal; Food type: Modern French The Auberge de la Grenouillère opened as early as 1920 in the pretty village of Montreuil-Sur-Mer...
...Tito Boeri, economist at Bocconi university, said the Italian government had been put into receivership by “Mer-kozy”....
...Mr Conde joined Sungard in 1987 when it bought Devon Systems International, the interest rate and currency derivatives platform, which Mr Conde co-founded....
...ensure that companies have better access to credit and capital....
...It aims to develop five hotels every year in UK cities, which Travelodge – owned by Dubai International Capital – will occupy on leases of 25 and 35 years....
...Keen skier Andy Leivers, 38, and his wife, Lorraine, 30, moved from Devon, in south-west England, to Ramsau am Dachstein when he left the army to fulfil their love of the outdoor life....
...Of note, are the positions in steel and infrastructure companies, as well as banks like, err, Goldman Sachs and Merrill Lynch (GS being down 65 per cent this year and MER down 77 per cent)....
...; Baxter International; Allstate; Travelers/ EMC; Devon Energy; Alcoa; Colgate-Palmolive; Fedex; Monsanto; Franklin Resources; Halliburton; Capital One; Burlington Northern Santa Fe; Kimberley-Clark; Union...
...Rogers, Jr., Founder, Chairman and CEO, Ariel Capital Management Felix Rohatyn, Rohatyn Associates LLC John Roos, Managing Director, Wilson Sonsini Goodrich and Rosati Benjamin M....
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