Hints and tips:
...HPS was founded in 2007 as a division of Highbridge, JPMorgan Asset Management’s hedge fund unit, and was spun off in 2016....
...FT Live event: Future of Asset Management Asia The Future of Asset Management Asia is taking place for the first time in-person on 11 May at the Westin Singapore and will bring together Asia’s leading asset...
...By then, Apollo had grown to become one of the biggest private equity groups on Wall Street, owning billions of dollars’ worth of assets crucial to the operations of name-brand companies....
...Brookfield Asset Management is weighing a spin-off of its asset management business into a separate public company, a move that would mark a dramatic shift in strategy by one of the world’s largest alternative...
...(BBG) Family ties The $3tbn coronavirus bailout, a senior treasury official and the asset management group run by his father, that stands to benefit from the Federal Reserve’s far reaching response....
...This week the investment group he founded, which now manages more than $6tn of assets, said it was moving into an industry known for the exact opposite of Bogle’s vision: private equity....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...Kunal Soni, a former managing director at The Carlyle Group, has joined Morgan Stanley Investment Management’s direct lending team in Los Angeles....
...“It’s pretty extraordinary that with this amount of distress you haven’t seen more failures in asset management companies.”...
...It continues: “The independent review being undertaken by Freeh Group International Solutions LLC, announced on 17 January 2020, is proceeding....
...With $375m assets under management it invests in 20-40 activist targets. It focuses on companies with a market capitalisation of at least $1bn that it believes stand a good chance of a turnround....
...William Jackson, managing partner at Bridgepoint, told DD: “It’s very odd for a private equity group to hold an asset for 10 years....
...Naoki Fujiwara, a fund manager at Shinkin Asset Management, said: “There is some sense of betrayal after the company had long played down the need for a writedown....
...Lehman disposed of its asset management business, Neuberger Berman, in 2009. Its European mezzanine business spun out as Neovara in 2010....
...Providence’s focus on the sector was viewed by the company’s management as an advantage. The private equity group invests a $5bn buyout fund targeting media and telecommunications assets....
...“Companies focus a lot on the management of their assets. People need to be seen as an asset in the same way....
...He joins from ING Investment Management where he was head of the group’s business in India. ● Investec Asset Management has appointed Stephen Lee as sales director in its UK client group....
...The hedge fund grew from $870m in 2003 to manage assets of $32bn (£19.6bn) by 2011 – eclipsing its nearest rival, Soros Fund Management....
...For example, its $17.4bn TPG V fund was valued at less than 100 cents on the dollar at the end of 2010....
...LLC; Carlyle Investment Management L.L.C.; Blackstone Capital Partners V L.P.; Centerbridge Capital Partners, L.P....
...“Tussauds was attractive because it is an asset DIC understands, had a good management team and provided opportunities to develop the business internationally,” said Charles Packshaw at HSBC who advised...
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