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...Caxton Associates has returned 31 per cent this year, according to investors, while a fund run by the firm’s chief executive Andrew Law is up 42 per cent....
...Capital expenditures for 2017 have also been cut by C$100m or a tenth....
...Total assets managed by the 100 largest alternative investment managers rose to a little more than $4tn at the end of 2016, up a tenth on the previous year, according to the latest annual Willis Towers Watson...
...Buyout groups such as Blackstone and KKR, and hedge funds including Avenue Capital are all raising money to act as lenders, with a focus on Europe where regulatory pressure to boost capital has led to a...
...The problem: nine-tenths of Greece’s bonds are under the sole jurisdiction of Greek, and not international, laws....
...Mr Romney, the co-founder of Bain Capital, will be mingling with his own at a party in the Park Avenue apartment of Steve Schwarzman, chairman of Blackstone Group, and at another hosted by four JPMorgan...
...Stephen Schwarzman hosted a lunch at his Park Avenue apartment; retired Carlyle chairman Frank Carlucci, a Washington dinner. Eventually, though, only Carlyle received money from the LIA. Both Mr....
...It is very convenient, he adds, since he lives on 59th Street and 5th Avenue....
...He also brought landscape specialists Grant Associates on board, realising how important the outdoor spaces would be....
...These investors are also beginning to shift some of their money into funds that focus on small and medium-sized private equity investments, according to Cambridge Associates, the US consultancy....
...The contrast was stark with the simple quarters of Blackstone on Park Avenue or the sunny offices of TPG with their views of San Francisco Bay....
...Lachlan, Elisabeth and James have acquired experience that neatly spans the breadth of group operations, one associate notes....
...The buzz on Wall Street was that Mr Schwarzman’s lavish lifestyle – encapsulated by a glittering 60th birthday party in February held at the gigantic Park Avenue Armory and featuring a performance by Rod...
...One rule is that Park Avenue billionaires are obliged to lunch, at least on weekdays, in the high-ceilinged, dark-panelled grill room of the Four Seasons....
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