Hints and tips:
...Lenders including Bank of America and Barclays have been forced to hold on to loans made to fund large buyouts, including the Twitter deal and the takeover of Citrix, leaving them nursing big losses....
Move by S&P Dow Jones Indices highlights risks of swap-based contracts, especially in frontier markets
...Chase Coleman’s hedge fund Tiger Global ended the second quarter nursing heavy losses amid a tech stock rout that has caused performance across one of the world’s largest hedge funds to plummet....
...Athene has just announced a second vintage ADIP vehicle with a $2bn fundraising, an apparent validation of its approach....
...Rauner continued to lead the remaining firm, which was renamed GTCR and mostly focused on midsized buyouts in financial services, healthcare, business services and technology....
Credit investor had profited on Hertz trade but is nursing a $400mn paper loss on latest car market wager
...Many investors may be nursing losses so large they are unwilling to withdraw their funds. “There is a category of investor that is trapped,” said Ben Johnson, head of client solutions at Morningstar....
...Previous vintages of the money manager’s “special situations” funds have typically been divided roughly equally between the US and Europe, but Victor Khosla, the firm’s founder and chief investment officer...
...SolarWind shares changed hands at $18.52 on Wednesday, leaving the Canadian pension fund nursing a paper loss of about 15 per cent after less than 10 days....
...Woodhams is not the first man to recognise that stylish settings and luxurious customer service are a great way to court wealthy punters....
...In the Washington DC suburb of Bethesda is the headquarters of Midcap Financial, which takes money from Apollo clients and lends it to nursing homes, grocery stores and other midsized businesses....
...Once established, he sent over a couple of bottles of winemaker Henschke’s 2010 Hill of Grace vintage to their table with his compliments to both men....
...The year 2019 will not go down in history as a vintage one for private investors....
...The buyout firm founded by billionaire Leon Black sold fewer shares than planned, leaving its funds nursing mark-to-market losses of nearly $1.5bn as the share price fell....
...Nobody called the stuff “vintage”; it was known pejoratively as bric-a-brac....
...I’ve been nursing injuries since I had Bacchus [her son], as I never stopped working. Ambition or talent: which matters more to success? Drive is the most important....
...The 2016 vintage of US IPOs are up about 20 per cent on average in the year to date, while 2015’s deals finished the year down more than 6 per cent, according to Dealogic....
...“We often mix vintage furniture such as rocking horses and materials such as lace and bows with more modern statement pieces,” he says....
...and chairman of Research Affiliates, the US company that developed some of the world’s first smart-beta indices, said the underlying ideas behind many of these are “nonsense” and would leave investors nursing...
...The market’s expectation before the referendum was for the UK to remain in the EU, so many hedge funds that bet on the country staying in are nursing losses....
...He believes the soaring popularity of some smart-beta strategies will lead to a severe fall in investment performance in the next few years, leaving some investors nursing large losses....
...A look at the trail left from the 2005-07 vintages is one reason to be sceptical. eric.platt@ft.com Twitter: @ericgplatt...
...Chris Hoy and vintage jersey collector Paul Smith are among the contributors, while the show’s Grand Départ is a costumed cavalcade of vintage bikes by the Veteran Cycle Club, which will whizz its way (in...
...underperformed their US counterparts, in part due to the fact that the euro rose more against the renminbi than the dollar did, leaving carmakers and luxury goods groups with significant exposure to China nursing...
...Renewed uncertainty about the fate of Greece left European equities nursing a second day of heavy losses but more constructive market action elsewhere suggested that “Grexit” concerns remained contained,...
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