Among those worth $5 million or more, 15 percent own private equity now, according to Spectrem Group, which is way up from 2007, with CNBC's Robert Frank.» Read More
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.
A trio of prominent hedge fund managers are funding a high-profile effort to raise awareness about climate change.
Private equity firm KKR plans to allow investors to sell parts of their stake in buyout funds through a new private market run by Nasdaq.
The U.S. energy renaissance has coincided with a boom in energy-related stocks, one that investors are starting to notice.
Carlyle has raised $698 million for its dedicated Africa fund, nearly $200 million above its initial target.
CNBC.com Enterprise Reporter Lawrence Delevingne discusses how the private equity industry views Africa.
LONDON, April 16- United Nations economists who previously called for government intervention to tame volatile swings in commodity prices say banks and hedge funds have since reduced their influence to the lowest level since 2008..
Data from industry tracker Eurekahedge showed hedge funds in Europe managed a record $476.2 billion by the end of March, surpassing the previous high of $473 billion hit in October 2007, as investors look to tap into the region's gradual recovery.
Loeb's $14.5 billion hedge fund Third Point currently owns a 9.6 percent stake in Sotheby's and started a proxy contest earlier this year, putting Loeb and two other people forward as directors.
With Brazil, Russia, India, and China slowing, private equity firms are increasingly investing in other less-developed markets.
April 10- Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspaper.
Barry Sternlicht, Starwood Capital chairman & CEO, discusses the launch of luxury brand Baccarat Hotels & Resorts, and eco-brand 1 Hotels & Resorts.