Private equity firms have helped drive M&A activity this year. Christopher Elvin, head of private equity products at Preqin, discusses what's behind this push.» Read More
NEW YORK, March 16- Everest Capital, a hedge fund firm founded in 1990 that counted George Soros and Nelson Peltz as early backers, is closing six of its seven remaining hedge funds because of bad bets on the Swiss franc, according to CNBC, which cited a private letter sent to investors on Feb. 24. Everest, which overall managed more than $3 billion at the end of December,...
Start-ups struggle to expand, which is a bigger problem than perceived overvaluation of tech companies, Walter Isaacson tells CNBC.
March 16- Trian Fund Management LP said there was "strong interest" among large DuPont shareholders for a representative from the hedge fund to join the chemical conglomerate's board. "We are also pleased with the positive feedback that we have received from DuPont stockholders regarding all of Trian's nominees," the hedge fund said in a regulatory filing on...
"Dramatically" high valuations in stocks and real estate could tank once the Fed tightens, a private equity manager said.
A rule lets the wealthy managers of private funds pay about half the tax rate they usually would—and it's unlikely to change soon.
Discussing the view from private equity on whether bubbles are lurking in the markets, with Mark Utay, Clarion Capital.
The IMF has agreed to a 4-year $17.5 billion loan for Ukraine, and a new report awards the best cars for families, reports CNBC's Sue Herera.
Mick McGuire, Marcato Capital Management, discusses his stake in Life Time Fitness, and what he makes of the company seeking private equity.
KKR thinks the American economy is in good shape, even if the looming interest rate increase is likely to create some disruption.
Daymond John, FUBU founder & CEO, discuss the importance of digital literacy and employment.
I'm bullish on crowdfunding, says Steve Case, Case Foundation chairman, discussing the risks and rewards of angel investing. And Daymond John, FUBU founder & CEO, shares his concerns about nonqualified angel investors going into the market and not getting liquidity.
BOSTON, March 5- Hedge fund manager Patrick McCormack, a protégé of industry pioneer Julian Robertson, is shutting down his roughly $1.4 billion Tiger Consumer Management, according to a letter sent to investors. Bloomberg first reported the news. Running a hedge fund "takes a lot out of a person," said Don Steinbrugge, an industry consultant at Agecroft Partners.
BOSTON, March 5- Hedge fund manager Patrick McCormack is shutting down his roughly $1.4 billion Tiger Consumer Management, according to a letter sent to investors. Bloomberg first reported the news. When Stanley Druckenmiller and Chris Shumway announced their retirements in 2010 and 2011, their firms were liquidated.
Billionaire investor Mark Cuban says a private tech bubble fueled by apps and angel investors is worse than 2000's stock bubble.
Investor Mark Cuban said private funding makes today's technology bubble worse than the stock-driven bubble of 2000.
Three private equity firms are betting that landlord loans will become the next big profit opportunity. The NYT reports.
CNBC's Kate Kelly reports Aubrey McClendon of American Energy Partners is at it again, raising money for new drilling investments but there are a number of headwinds.
Carlyle Group's David Rubenstein told CNBC he is not waiting for oil to hit a bottom before investing in beaten-up energy companies.
"We believe that Webster is now trading at an over $1 billion discount to fair value," the New York- based fund wrote in a letter sent to Webster Chief Executive Officer James Smith and seen by Reuters. Kerrisdale began accumulating its 2 million shares, or roughly 2 percent stake, in Webster in January, founder Sahm Adrangi told Reuters. Connecticut- based Webster...
Warren Buffett has a message for institutional investors: stop pouring money into those expensive high-end money managers.