Private Equity


  • LAS VEGAS, May 26- As a $14.8 billion hedge fund with a reputation for savvy mortgage trades and a record of double-digit returns, Pine River Capital Management has long signed up multi-billion-dollar pension and sovereign wealth funds as investors.

  • May 22- Three former executives of New Stream Capital LLC, a failed Connecticut hedge fund, have pleaded guilty to conspiring to mislead their clients to keep their largest investor, federal prosecutors said on Thursday.

  • Wall Street, Big Oil and your pain at the pump Wednesday, 21 May 2014 | 12:45 PM ET
    A gasoline pump nozzle refuels a sport utility vehicle in Bagdad, Kentucky, Feb. 26, 2014.

    Some wonder whether Wall Street and Big Oil are to blame for the high price of gasoline. The answer is yes...and no.

  • FRANKFURT, May 21- Hedge fund Magnetar Capital is suing U.S. drugs wholesaler McKesson, saying its acquisition of German peer Celesio short-changed minority shareholders and bondholders by around 370 million euros.

  • HONG KONG, May 20- Demand to pull out money from hedge funds rose to five month high in May as investors looked to adjust their portfolios ahead of the mid-year point. The bulk of the activity in May represented typical semi-annual requests, Bill Stone, chairman and chief executive of SS&C Technologies, said in a statement.

  • The last guy you'd expect to not understand Japan Tuesday, 20 May 2014 | 11:55 AM ET
    J. Christopher Flowers, chairman and founder of JC Flowers & Co.

    A famed private equity investor tells CNBC that he can't predict when Japan's economy will snap out of its doldrums.

  • Investing in mobile wars     Tuesday, 20 May 2014 | 8:44 AM ET

    Bubba Murarka, DFJ partner, discusses where he sees investment opportunities in consumer Internet and mobile technology.

  • Corzine's ambition led to MF Global demise: Flowers Tuesday, 20 May 2014 | 10:03 AM ET
    Jon Corzine testifies at a Capitol Hill hearing on Dec. 15, 2011.

    Jon Corzine's ambition exceeded what the now-defunct MF Global brokerage could handle, private equity titan J. Christopher Flowers tells CNBC. But Flowers still considers Corzine a friend.

  • Uber in new funding talks at $10B valuation: Report Thursday, 15 May 2014 | 5:33 PM ET
    Uber to now offer courier services.

    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.

  • Here's why you're paying more at the pump Thursday, 15 May 2014 | 12:17 PM ET

    As the summer driving season looms, U.S. retail gas remains stubbornly lodged near $4 per gallon.

  • Vantiv to acquire Mercury in $1.65B deal     Thursday, 15 May 2014 | 7:17 AM ET

    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.

  • UPDATE 1-Hedge fund mogul Tepper warns: Don't be too long Wednesday, 14 May 2014 | 9:17 PM ET

    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."


  • No shortage of PE funding outside of US: Pro     Wednesday, 14 May 2014 | 2:15 AM ET

    Philip Borel, editorial director at PEI, says private equity funding is strong outside of the U.S.

  • Public-private Monument fix is a model: Rubenstein Monday, 12 May 2014 | 9:57 AM ET
    Washington Monument

    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.

  • Is there still money in BRICs? Many say yes Thursday, 8 May 2014 | 12:20 PM ET
    Construction workers started their work early in the morning in Rizhao, Shandong, China.

    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.