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...
...The new company, later named Apollo Global Management, after the sun god, was led by Black and five other former Drexel executives....
...There was inane risk management, where companies took massive leverage and asset liability mismatch . . ....
...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...
...The point of a leveraged buyout fund “is to buy companies, spruce them up and sell them to third parties”, said Eamon Devlin, a lawyer at the asset management consultancy MJ Hudson....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...“It’s pretty extraordinary that with this amount of distress you haven’t seen more failures in asset management companies.”...
...(v) Restructuring continues. Of course it does. But what about that Tesla, eh?...
...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....
...Again, Aurelius Capital Management tried ever so hard to convince the Isda DC that TCEH was insolvent, based on what it called the “most common modern definition: liabilities exceed the fair value of assets...
...Aurelius Capital Management made a mighty effort to try to convince the Isda DC that TCEH was insolvent, based on what it called the “most common modern definition: liabilities exceed the fair value of assets...
...Then, bank depositors had lost confidence in the stability of the institutions holding their assets, and the threat of a run on a bank could only be avoided by comprehensive government guarantees for all...
...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....
...That’s the bargaining tool sellers and buyers are using to bridge the disconnect between their valuation of assets, says Saigol....
...On Tuesday, the SEC finally obtained an emergency court order freezing the assets of Kiley’s Minneapolis-based money management firm, which had managed to raise at least $190m from more than 1,000 investors...
...LLC; Carlyle Investment Management L.L.C.; Blackstone Capital Partners V L.P.; Centerbridge Capital Partners, L.P....
...Best regards, Andrew Lahde, CFA Portfolio Manager Lahde Capital Management, LLC...
...“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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