Hints and tips:
...The arrangement was provided alongside a deal in which GAM’s funds lent more than $120mn to Greensill Capital, via a special-purpose vehicle called Laufer, named after a creek on the financier’s family watermelon...
...Private lenders including Ares Management, Oak Hill and Blue Owl stepped in to provide a $4.8bn senior private loan....
...Blue Owl, Ares, Oak Hill, HPS Investment Partners, Oaktree and Elliott Management were among the investors that agreed to lend the $4.8bn this week....
...Nuveen bought European debt manager Arcmont last year, while T Rowe Price purchased Oak Hill for $4.2bn in late 2021....
...The $18bn distressed debt investor Strategic Value Partners seized control of the owner of US retail properties such as Rolling Oaks Mall in Texas and Tippecanoe Plaza in Indiana in a transaction approved...
...The exodus of funds, coupled with a decline in so-called Pipe — short for private investment in public equity — investment from buyout firms, hedge funds and other asset managers, has caused many deals to...
...There is much more room for allocations in the wealth management channel to increase,” said Rob Sharps, chief executive of T Rowe Price, which last year bought alternative credit manager Oak Hill....
...Aside from direct investments, most wealth deals were executed by portfolio companies owned by private equity, such as Leonard Green-backed serial acquirer Mariner Wealth and Oak Hill-backed Mercer Advisors...
...Their success or failure has little impact on our vision and the return on the investment we’re making.”...
...All existing investors took part including Andreessen Horowitz, T Rowe Price, the Canada Pension Plan Investment Board, Fidelity, Mubadala, Perry Creek Capital, Silver Lake, Temasek, plus auto supplier Magna...
...I recently talked to Bobby Tudor, who had a front-row seat to the country’s oil boom over the past decade as chair of Tudor, Pickering Holt & Co, a leading investment bank to the shale patch....
...During a near-death experience in 2016, it also borrowed heavily from Swiss investment firm GAM, through a vehicle named after a creek on Greensill’s family watermelon farm....
...Others came from struggling or defunct investment banks such as Merrill Lynch or Bear Stearns....
...Mr Siddiqui, a veteran of Wall Street who has also worked at Oak Hill Capital Partners and Goldman Sachs, left Apollo early last year....
...Advisers are more likely to consider alternatives if they are active in building investment portfolios rather than broad financial planning, says Erlend Bø, head of distribution for Angel Oak Capital Advisors...
...In addition to there being such a thing as an Australian oak tree, which is in fact a species of Eucalyptus, there is now an Australian Oaktree, after the alternative investment manager announced it has...
...Winton and Oak Tree declined to comment....
...London-based Winton and Los Angeles-headquartered Oak Tree have emerged as the less successful participants in the scheme....
...Of the votes cast, 8.8 per cent opposed the American investment banker....
...The oak-panelled walls of the Peninsula’s bar and the magnificent stone work and mouldings of its lobby and ballroom are a case in point....
...His remarks also led to a rise in volatility that investment funds such as Farallon thrive upon....
...Private equity firms have also been using the strong debt market to take cash from existing investments....
...“Dubai has to strike the balance between overextending itself and being innovative,” says one local investment banker....
...The Boston-based fund announced it had bought the stake from two other private equity investors, General Atlantic and Oak Hill Capital, which had acquired it for $500m in 2004....
...Whitehaven’s assets in New South Wales include Maules Creek, a large undeveloped coal deposit the company claims is capable of producing almost 11m tonnes of coal a year by 2016....
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