Hints and tips:
...Private equity conflict Private equity firms are increasingly providing debt financing to companies they own, making them both owner and lender to businesses in their portfolios....
...Lest we forget, Warren Buffett made a cool $1m by betting that the S&P 500 would outperform a basket of hedge funds chosen by Jeff Tarrant, the founder and chief executive of Protégé Partners over a 10-year...
...Rodney Cook has quit as chief executive of Just Group after a turbulent year for the life insurance company....
...Some say index funds are lazy owners, leading to unaccountable management and ultimately sapping the economy of its dynamism....
...These bring in billions of dollars in additional money to invest, thanks to the companies’ capital reserves and insurance premiums, and have favourable tax treatment....
...The insurance broking industry is fragmented, making it ripe for consolidation. Under the private equity owners, Hub has bought about 150 smaller rivals and expanded into Brazil and the Caribbean....
...Macquarie this week ran an advertisement in the New York Times of its intention to create an unnamed, New York-based “stock insurance company”....
...To the credit of Telent’s management, they tried almost every other alternative – including ringing up Warren Buffett and most of the insurance industry to see if they would take the pension fund on its...
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