Hints and tips:
...BlackRock, which has a market capitalisation of nearly $120bn, already manages a wide range of assets including roughly $130bn in long-term alternative funds and about the same in hedge funds, commodities...
...emerging market indices, according to an investor who received the fund’s year end note....
...According to an investor, Gramercy’s flagship fund is up 15 per cent year to date....
...Musk has said he wants Twitter to offer fintech services such as peer-to-peer transactions, savings accounts and debit cards, as part of a master plan to launch an “everything app” that incorporates messaging...
...as George Soros, Julian Robertson and Paul Tudor Jones were masters of the universe, a new generation of firms began to crop up that looked different to their predecessors....
...The two companies have also signed a long-term partnership that will see Great-West Lifeco’s parent, the Power Corporation of Canada, allocate $25bn to Franklin’s alternative investment funds, which had...
...The fund had raised $10mn in seed funding and is targeting a $100mn launch for its fund, according to two people involved....
...Hm . . . how did that Audre Lorde quote about the master’s tools go?...
...Apollo has instead sold the $500mn loan at par to the hedge fund Citadel’s Citadel Credit Master Fund, according to a person directly familiar with the matter and a court filing....
...s Sujeet Indap and the FT’s Josh Franklin have the details: most notably Orszag believes the firm can double its revenue and stock price over the next seven years based on the planks of his Lazard 2030 master...
...to its funds....
...Next, Tiger Global, the technology-focused hedge fund, has defended the way it values its $40bn portfolio of privately held “growth” companies amid investor unease over how much such unlisted investments...
...That’s the most insane thing about it,” says Jill Chase, a partner at CapitalG, Alphabet’s growth fund, where she focuses on AI investments. “All these products exist because of the transformer.”...
...“Scott was a fixed-income master — brilliant at deciphering intermediate and long-term changes in interest rates. He was a dear friend and supporter....
...As bank lending has become more constrained, many European companies have turned to alternative sources to fund their operations....
...He launched WorldQuant University in 2015, a philanthropic venture that is a free online university offering masters degrees in financial engineering and applied data science courses to students all over...
...The weighted average return for the entire hedge fund sector for the month of May was negative 1.1 per cent, according to internal analysis by Citco, the leading hedge fund administrator, which serves about...
...The company, Plan D LLC, owned a Gulfstream jet. In court papers reviewed by the FT, the US Virgin Islands government cites flight logs showing that the plane transported underage girls....
...bond fund would have been....
...Nowadays the Masters of the Universe do not always need a middleman. In some deals featuring Owl Rock, Blackstone and Apollo, the private equity firms have funded the debt directly....
...“April added to a very disappointing start to 2022 for our public funds....
...“And they [the cubs] are generally the masters of the tech trade.” Additional reporting by Miles Kruppa...
...brooke.masters@ft.com Follow Brooke Masters with myFT and on Twitter...
...This exhibition at the V&A invites us into the opulent world of master goldsmith Carl Fabergé and his London clientele....
...Why would they buy into a private equity firm where they don’t get access to much, if any, of the masters of the universe’s secret sauce?...
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