Hints and tips:
...Apollo has sold a stake in the lending business it acquired from Credit Suisse last year shortly before the Swiss bank’s shotgun rescue by UBS, securing a multibillion-dollar investment from one of the US...
...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...
...Two days after UBS agreed to spend $3.25bn to rescue its rival Credit Suisse, executives are trying to move past the risks and sell investors on the benefits of the shotgun marriage....
...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....
...Some shareholders of the tracker have complained that the terms for the exchange undervalue their investment, raising a question over whether Mr Dell’s backdoor return to Wall Street will be blocked at a...
...In bulking up, Discovery is looking to ensure its future, both in traditional pay-TV distribution and in new digital opportunities that are rapidly gaining viewers and investment....
...But in times of turmoil correlations tend to jump and investors are hit by “a double-barrelled shotgun” on both stocks and bonds, says Troy Gayeski, a partner at SkyBridge Capital, an investor in hedge funds...
...Of the votes cast, 8.8 per cent opposed the American investment banker....
...His remarks also led to a rise in volatility that investment funds such as Farallon thrive upon....
...“Dubai has to strike the balance between overextending itself and being innovative,” says one local investment banker....
...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....
...Emirates Investment Holdings, in turn, is handing over its 50 per cent stake in a Gold Coast tower to Sunland in a no-cash deal....
...Owl Creek Asset Management, run by Jeffrey Altman, saw its flagship $5bn offshore fund down 9.3 per cent by mid August, while York Capital’s $2bn York Investment fund had lost 5 per cent....
...prosecution has launched several other court cases against real estate executives and bankers caught in the corruption dragnet, ranging from a former finance minister to senior executives at state-linked investment...
...Mike Hennessy, managing director of consultant Morgan Creek Capital Management, adds that a visit can reveal other problems besides sketchy records and questionable investment processes, such as lack of...
...Christmas to see if the private equity firm was interested in becoming a minority investor in BBH if it tries to buy Carlsberg’s stake, either by winning an arbitration case in Sweden or by initiating a “shotgun...
...His new Tiger Select Fund Management will be managed by Mark Yusko, who headed investments at the University of North Carolina until he left to set up his own fund, Morgan Creek....
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