Hints and tips:
...The private capital group is providing $1.3bn in debt financing to fund purchases of shares by a new employee trust, as well as to refinance some of BDO’s existing obligations....
...The new ETFs began with about $113mn combined in seed capital, according to spokespeople and regulatory disclosures....
...Ben Rogoff, fund manager of the tech-focused Polar Capital Trust, is not convinced that all seven “Magnificents” can stay on the right side of the AI trade for much longer, and is positioning his portfolio...
...BNP Paribas has named AQR Capital Management’s former trading head Scott Carter as global head of investor coverage....
...Blackstone — whose property and corporate debt funds, Breit and BCRED, manage nearly $200bn in gross assets — remains by far the leader in private capital retail offerings....
...David Bell: It will stagnate, probably doing as badly as other advanced countries (USA excepted)....
...Trust....
...He joins from Macquarie Capital....
...The heavy Spac issuance comes as other money managers raise multibillion-dollar investment funds, pushing so-called dry powder — capital pledged to private equity and venture capital companies to acquire...
...investors to create a cheaper, more diversified and better-performing portfolio....
...capital rather than beat the markets....
...Mr Gardiner joins the $240bn asset manager from Reservoir Capital, a New York-based investment group....
...Other players include hedge funds such as AQR Capital Management, BlackRock, Invesco and AllianceBernstein....
...Other stock market listed vehicles could include special purpose acquisition companies — also known as shell companies — which raise capital for a future deal, real estate investment trusts, business development...
...But it would still be the most attractive option Few schemes make provision for division in their trust deeds, says Ms Murphy....
...a standalone trust....
...Earlier this month, it completed the acquisition of a 55 per cent stake in Liongate Capital Management, the fund of hedge funds....
...Sponsor Auto Finance Holdings Series – owned by funds run by Warburg Pincus, Kohlberg Kravis Roberts and Centerbridge Partners – is investing $1bn in Santander Consumer USA....
...Another is the pressure Laxey Partners is putting on Alliance Trust to use share buybacks to reduce the discount between the investment trust’s share price and net asset value, as other investment trusts...
...The hedge fund’s motion to intervene was eventually denied by the court, with Judge Alvin K....
...The Greenwich, CT-based AQR Diversified Arbitrage Fund launched in January with $6m and today has about $124m. Since its inception the fund is up 10 per cent....
...The USA has some very complex rules for non-US investment funds (PFICs) that can give rise to some of the tax effects you suggest, whether in an ISA or not....
...So who are EWT LLC?...
...Although Mr Feinberg reckons other owners would have walked away, he says it would be irresponsible to the pension funds, endowments and individuals who trust Cerberus to manage their money to invest more...
...For Citadel, the decision reflects founder and chief executive Ken Griffin’s intention to turn the hedge fund into a diversified financial institution that will be a peer of Wall Street’s titans....
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