Carlyle has raised $698 million for its dedicated Africa fund, nearly $200 million above its initial target.» Read More
BOSTON, Jan 22- Hedge fund manager David Einhorn, whose Greenlight Capital ranked among last year's best performers, has taken new positions in Micron Technology Inc and BP Plc, both of which he praised in a letter to investors for practices focused on returning cash to shareholders.
BOSTON, Jan 22- Hedge fund manager David Einhorn, whose Greenlight Capital ranked among last year's best performers, said he had taken new stakes in BP Plc, Anadarko Petroleum Corp and Micron Technology Inc. The fund returned 19.5 percent last year.
David Rubenstein, The Carlyle Group, provides insight on the current state of private equity and the company's efforts to allow retail investor access to PE. Why should retail investors not get the benefit of high returns when institutional investors can get them, says Rubenstein.
"Results are running light, and negative announcements have been off the hook," one analyst said amid a spate of disappointing reports.
The founder of Tiger 21, a peer-to-peer investing network for the super-rich, tells CNBC where his clients are putting their money in 2014.
"Simply buying index funds will no longer be a useful strategy," said Greg Curtis, the chairman of wealth advisory firm Greycourt.
LONDON, Jan 19- Hedge funds think 2014 could be the year their currency bets finally pay off, after getting burned last year on trades ranging from the Australian dollar to the greenback. The average macro currency fund was up just 0.42 percent in the 11 months to November, according to Hedge Fund Research.
Equities are still the place to be, says Shawn Matthews, Cantor Fitzgerald CEO, sharing his outlook on the markets for 2014.
BOSTON, Jan 15- Women hedge fund managers have outperformed their male rivals, on average, for the second year in a row, according to professional services firm Rothstein Kass which tracks the industry.
Roy Kuan, Managing Partner, Asia at CVC Capital Partners, says the goal for private equity against a backdrop of rising interest rates is to ensure stable returns.
Private equity deals are picking up, but finding undervalued acquisition targets is "never easy," said the co-founder of The Carlyle Group.
David Rubenstein, co-founder of The Carlyle Group, told CNBC on Tuesday that "things aren't cheap."
Joseph Tanious, JPMorgan Funds, provides perspective on where earnings are likely headed this year after markets make a disappointing start to the year.
Hedge fund gains were trumped last year by the equities boom, according to a report published on Tuesday.
JPMorgan is an incredible money machine, says David Rubenstein, Co-Founder & Managing Director of The Carlyle Group, discussing the big bank's earnings after paying "roughly $23 billion" in fines.
Jason Haft, principal consultant at Investran, says that private equity firms need to improve data collection and dissemination to respond to investors' demands.
Jan 13- Citigroup's former Chief Operating Officer John Havens has been appointed as non-executive chairman of Napier Park Global Capital LLC, the hedge fund spun out of the bank last year. Napier Park, which has about $5.5 billion in assets under management, was spun out of Citigroup last year and the bank retains a minority stake in it.
Mark Martiak, Premier Wealth Management senior wealth strategist, and Kelly Campbell, Campbell Wealth Management CEO, discuss market liquidity and if now is the time for investors to move into illiquid assets.
Garry Evans, Global Head of Equity Strategy at HSBC, explains his underweight call on the U.S. and the Japanese equity markets for 2014.
Investors are hurting their long-term returns by focusing too much on assets they can liquidate quickly, according to a new report.