Hints and tips:
...While that trails returns marketed by private equity funds, it has proven attractive to pension funds and endowments after a decade of rock bottom interest rates....
...But the market’s only busier compared with last year’s decade low; deals cratered in 2023 following a frenzy of activity during the pandemic that was fuelled by rock-bottom interest rates....
...In its defence, Audax has pointed out that its own capital is at risk from any failure at Mobileum....
...We’re like rocks, stuck at the side of a stream.” The Lekdijk Bovendams bond, like the Tucks, is a rock, stuck in the stream of Dutch history....
...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...
...In today’s newsletter: Multi-manager hedge funds on the rocks Qatar bets on India’s Ambani Turkey’s IPO renaissance Multi-manager hedge funds meet their maker Three decades ago, when star traders such...
...With Dido paddling silently at the helm of a wide canoe, we slipped into a creek pushing deep into the forest behind the riverbank....
...It takes advantage of the capital that's out there....
...But for now, I am immersed in endless shades of silver — glistening fog, sparkling rock, mercurial water. As I pick my channels, I look and look again....
...“An entire new generation of investors may well have come of age never having actually experienced an economic downturn, a protracted market downdraft, or interest rates above rock-bottom levels,” he wrote...
...Legislators of the day worried that paying for “internal improvements” might not fall within their constitutional powers, and the war stretched political capital thin....
...Creek Global Advisors, a consultancy in Washington....
...But Jon Hykawy, president and director of Stormcrow Capital, said a full mineralogy study for Sheep Creek was lacking, making it impossible to judge the size of the resource and whether it would be economically...
...Creek) — or non-profit groups (like Mary Schapiro at the Glasgow Financial Alliance for Net Zero)....
...Robert Cohen, a portfolio manager at asset manager DoubleLine Capital, said the rapid shift in expectations around the Fed was “driving everything” in the market....
...Katherine Martin, managing director at Rock Creek Global Advisors, a policy advisory firm, agreed: “The SEC alone can’t be relied on to solve this problem unless the agency is given a new mandate by legislation...
...Owl Rock Capital, Blackstone Credit and Golub Capital financed the company’s $10.7bn takeover of Anaplan last month and its SailPoint takeover....
...The banks make rich fees for acting as the orchestrators of this capital formation. Nowadays the Masters of the Universe do not always need a middleman....
...D1 Capital made money on private companies last year but lost money on public stocks while Whale Rock’s public portfolio has fallen more this year than its private counterpart, according to people with knowledge...
...For its takeover of Anaplan, Thoma Bravo bypassed bank lenders and instead raised financing from a group of private lenders led by Owl Rock, Blackstone, Apollo Global and Golub Capital....
...At a private dinner between the pair the following week, Stroll told Moers to improve morale in the business that had fallen to near-rock bottom. Things improved, but the damage was done....
...The firm sidestepped investment banks to arrange a multibillion-dollar financing package from a consortium of private capital providers including Owl Rock Capital, Blackstone, Apollo Global and Golub Capital...
...group Tikehau Capital....
...He’s seen them in Rock Creek Park. “They’re both pretty common mushrooms,” he says. I don’t have to grapple with such risks on my foray — Rock Creek forbids picking mushrooms....
...Smart reads Levelling up A hitherto obscure lender, Little Rock’s Bank OZK, has become one of the most prolific lenders to Manhattan property developers....
International Edition