JPMorgan Chase is close to a deal to sell half its private equity business, the Wall Street Journal reported, citing people familiar with the matter.» Read More
Uber is in talks to secure a round of financing from private equity investors that may value the company at more than $10 billion, Bloomberg reported.
As the summer driving season looms, U.S. retail gas remains stubbornly lodged near $4 per gallon.
Charles Drucker, president & CEO of Vantiv, discusses his plans to buy Mercury Payment Systems for $1.65 billion from private equity firm Silver Lake Group.
LAS VEGAS, May 14- Billionaire hedge fund manager David Tepper sounded a cautious message on Wednesday, telling a ballroom packed with other managers and investors that he was "nervous" about the stock market but that this was not the time to sell.
LAS VEGAS, May 14- Billionaire investor David Tepper, who runs hedge fund Appaloosa Management, sounded a cautious note on stock markets on Wednesday and told an audience: "I'm nervous." "I'm not saying go short, just don't be too friggin' long," Tepper, who has one of the best investing records in the industry, said at the SkyBridge Alternatives Conference in Las Vegas.
LAS VEGAS, May 14- Billionaire investor David Tepper, who runs hedge fund Appaloosa Management, sounded a cautious note on stock markets on Wednesday and told an audience "I'm nervous."
HEDGE FUND MANAGER DAVID TEPPER SOUNDS CAUTIOUS NOTE ON MARKETS SAYING "I'M NOT SAYING GO SHORT JUST DON'T BE TOO FRIGGIN' LONG" AT SALT CONFERENCE.
Philip Borel, editorial director at PEI, says private equity funding is strong outside of the U.S.
As the Washington Monument reopened, billionaire David Rubenstein—who paid for half the repairs—spoke to CNBC about the project's public-private partnership.
BOSTON, May 9- Like father, like son. The father and son duo have been laying the groundwork for months and Carl Icahn recently mentioned it quietly to some deep-pocketed friends who may want to commit cash, said the sources, who were prohibited from discussing the plan publicly.
Are private equity firms ditching the big emerging markets? The short answer is no, despite recent disappointments.
NEW YORK, May 6- Hedge fund mogul David Tepper had a case of deja vu when he ranked as the best paid hedge fund manager for the second year running by earning $3.5 billion in 2013 with a savvy bet on airline stocks, according to a new ranking. Tepper, who runs Appaloosa Management, was followed in second place by Steven A. Cohen, who earned $2.4 billion.
There was a surprising amount of bubble talk at the Milken Institute's Global conference in Los Angeles last week.
BOSTON, May 3- A U.S. court rejected activist hedge fund manager Daniel Loeb's bid to force auction house Sotheby's to remove its shareholder rights plan, which limits the amount of stock he can buy.
Profits from exploration—otherwise known as "upstream" earnings—were a saving grace for Big Oil in the last quarter.
*William Hill, Ladbrokes shares dropped in past 12 months. According to Markit data, interest from short sellers in several British betting firms has risen over the past two months, with Ladbrokes shares on loan climbing to more than 6 percent of the total available, from 4.7 percent, while William Hill's shares on loan have risen to 2.6 percent from 0.3 percent.
Some of the largest institutional investors in the world are bullish on emerging markets, believing the asset class now offers compelling opportunity.
Another credit bubble is being inflated, according to a senior private equity executive.
With stocks buoyed by a flurry of dealmaking on Monday, Blackstone CEO Steve Schwarzman says absolute valuations are "on the higher side."
Andrew Tymms, partner at Bain, says there will be big buyout deals this year as private equity firms have a "huge amount" of dry powder to use.