Hints and tips:
Related Special Reports
...Belgian commissioner Didier Reynders will take over her competition portfolio while she takes unpaid leave from the commission....
...It previously told the FT that “Apollo voluntarily remedied any erroneous billing resulting from the former employee’s fraudulent expense practices by making appropriate reimbursements to the funds and portfolio...
...Its portfolio of private company bets also was marked down. Tiger’s long positions gained about 50 per cent in 2023, but its overall portfolio only rose about half that much....
...rates have hit the valuations of private start-ups, forcing Silicon Valley venture capital firms to shift their focus from raising ever-larger funds to instead ensuring the survival of companies in their portfolios...
...Millennium’s investment and the fact that Taula is seeking to launch with up to $5bn of capital were previously reported by industry information service With Intelligence....
...“You could argue that, since shorting is such a challenging sub-strategy, keeping things long-biased and having a concentrated portfolio of high-quality positions has been the way to go,” Amiee said....
...In September, UK private equity house Cinven struck a deal to buy back the outstanding shares in Synlab, a laboratory and medical diagnostic services company in which it retained a 40 per cent stake, after...
...However, Shah added, the company would “have its work cut out from establishing multilevel distribution channels, after-market service support and an EV portfolio priced in the sweet spot of $10,000”....
...Microsoft has embedded OpenAI’s technology into its own software services....
...“[In] financial services, the record is particularly poor, as scaling typically requires hiring a lot of people, which erodes culture and can lead to excess risk taking,” he told analysts....
...They warned that the loans put the broader portfolio at risk and the borrowing costs could eventually hamper returns for the entire fund....
...Blackstone took control of the trust in 2013 and two years later dramatically expanded it with the purchase of a $4.6bn portfolio of commercial mortgage loans from GE Capital....
...But a sudden rise in interest rates beginning in 2022 left Tiger badly exposed to plunging valuations and holding a bloated portfolio of private investments with limited paths to exit....
...Last month, Warburg seeded a new insurance group called Prismic that will use it to manage a portfolio of private equity investments. Warburg is also undergoing succession planning....
...This means private equity firms are essentially shuffling leverage from a single portfolio company to an entire fund....
...The value of that portfolio was marked down by nearly 20 per cent last year....
...These include so-called net asset value financing, which involves a buyout firm borrowing against a portfolio of assets....
...Citadel chomps through portfolio managers like they’re popcorn, charges investors for almost all its expenses (from salaries and Bloomberg terminals to canteen food and flights) and takes 20 per cent of...
...As a result, this portion of the fund’s portfolio has been written down to zero....
...*Ignites is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at ignites.com....
...“The existing portfolio managers at Schonfeld are probably fine with a tie-up,” said one top industry insider. “What’s the alternative, get fired soon and then get a job at Millennium anyway?”...
...Their diversified portfolios and ability to slash or raise their level of risk quickly gave them a key advantage during the pandemic when markets went into a tailspin....
...The head of GMO’s focused equity team, Thomas Hancock, along with portfolio managers Ty Cobb and Anthony Hene, will manage the ETF....
...The acquisition, announced on Tuesday night, also marks a push into a new region as the company navigates a stark downturn in its US portfolio as a result of rising interest rates and inflation....
International Edition