Hints and tips:
...That’s been a boon to SoftBank’s Vision Fund and Vision Fund II, where mark-to-market performances have improved rapidly since the market meltdown in March....
...That has given them more capacity to strike deals, as well as opportunities to buy debt and equity stakes in companies hit by the crisis on advantageous terms....
...But beware – the best fundamentals may not correspond to the best investment opportunities....
...More than $14bn of new debt will also be raised and sit on the carved-out unit’s books....
...Next, vulture funds are circling. Distressed debt and other investors are lining up to offer financing to the group, as it tries to fend off a cash crunch....
...“There are opportunities out there which could double our size,” she says....
...Mr Dell considered doing the entire deal through MSD Capital, his private investment fund....
...The new vehicle – called Gramercy Distressed Opportunity Fund II (GDOF II) – will be Gramercy’s second distressed debt fund and seeks to invest in all segments of stressed and distressed debt, sovereign...
...In such a no-growth environment, some investors are chasing high yields in dangerous places such as contingent convertible capital bonds and municipal bond funds that invest in lower-quality debt....
...(including due diligence) were outsourced to Vallar Advisers LP, an entity led by Mr....
...This can have negative consequences for the amount it costs for the sovereign to finance itself in bond markets, i.e. widening CDS spread = rising bond yields = more expensive to fund government debt....
...Indeed, in 2010, TPG’s Asian funds performed far better than its flagship US funds. Its Asian funds were up between 40 per cent and 50 per cent for the year....
...Interested groups include Carlyle Group, Providence Equity Partners, Quadrangle Capital Partners and General Atlantic, according to those people....
...The number of deaths in the hedge fund community are now down dramatically. We’re seeing new formations of hedge funds....
...John Bookout II and Clint Johnstone, two KKR senior advisers, will also focus on the fund....
...afield for opportunities....
...Opportunities LP and Paulson Credit Opportunities II LP) started the year with a combined $1 billion....
...Dearborn, agreed to buy BCE, parent of Bell Canada, for $49bn including debt....
...Is the recent rise is interest rates and the creation of ‘Sovereign Wealth Funds’ threatening to put an end to what has been called Bretton Woods II? If so, what might be the implications?...
...Kohlberg Kravis Roberts is set to announce a $4bn Asia fund, a record. Firms have an estimated $25bn to spend in the region which, with debt, provides a war-chest in excess of $100bn....
...Having made fortunes already from their encounters with NTL and Telewest, the two may be less willing to write off the cable business than more jaded British fund managers....
...Hedge funds are thought to have built stakes in TDC share register in anticipation of a full-scale auction for the group. “A lot of the stock is now in the hands of the hedge funds,” one banker said....
...These two moves crushed hedge funds who were invested in the “correlation trade” with GM, buying the automaker’s debt while short-selling the stock....
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