Private Equity


  • Here's the one thing Citi says is killing returns Saturday, 11 Jan 2014 | 9:01 AM ET

    Investors are hurting their long-term returns by focusing too much on assets they can liquidate quickly, according to a new report.

  • Apollo raises largest PE fund since financial crisis Friday, 10 Jan 2014 | 7:53 AM ET
    Leon Black, chairman and CEO of Apollo Management

    Apollo Global Management has completed fundraising for its latest private equity fund, amassing $17.5 billion from investors.

  • *China funds score best outperformance in 5 yrs. HONG KONG, Jan 10- For investors in Asian hedge funds, it was China and not the region's hottest major market, Japan, that provided the best bang for the buck in 2013- a result set to ensure greater capital inflows into steadily growing China- focused funds.

  • Bob Partridge, Private Equity Leader, Asia-Pacific at EY, sees high confidence in the private equity market coming into 2014.

  • Fund managers like Daniel Loeb, who demanded that Sotheby's fire its CEO, and David Einhorn and Carl Icahn, who publicly pressed for change at iPhone maker Apple Inc, helped their firms' 2013 returns.

  • Since hedge fund portfolios often include at least some derivatives trading, industry experts warn that fund sponsors may be reluctant to take advantage of the SEC's new relaxed advertising rules for fear of running afoul of the CFTC's regulations. This is really language that is very clearly tied to the SEC's standards.

  • Jan 8- Activist hedge fund Elliott Management Corp offered to buy Riverbed Technology Inc for about $3.08 billion in cash, a move analysts said was likely to trigger higher bids for the network equipment maker.

  • Jan 8- Activist hedge fund Elliott Management Corp offered to buy network equipment maker Riverbed Technology Inc for about $3.08 billion in cash, an offer analysts said was likely to be a precursor to a higher bid.

  • 21st Century Fox sells Star China TV stake Thursday, 2 Jan 2014 | 7:33 AM ET

    21st Century Fox said on Thursday it would sell its 47 percent stake in Star China TV to the TV channel operator's management and private equity fund China Media Capital.

  • BOSTON, Dec 31- Billionaire investor Steven A. Cohen's SAC Capital Advisors is ending its life as a hedge fund with a 20.10 percent gain this year, marking one of the industry's best returns even after SAC pleaded guilty to insider trading charges, a source familiar with the numbers said.

  • BOSTON, Dec 31- Billionaire investor Steven A. Cohen's SAC Capital Advisors returned 20.10 percent this year, delivering some of the industry's best returns, even as his hedge fund pleaded guilty to insider trading charges and prepared to return outside capital.

  • NEW YORK, Dec 30- Commodity hedge fund Higgs Capital Management, founded by two former bank commodity executives, will wind down and return money to investors as it faces headwinds raising money, joining other commodity funds that closed this year.

  • High Times aiming for $100M marijuana fund Thursday, 26 Dec 2013 | 4:02 PM ET
    The Juicy Fruit strain of marijuana for sale at 3-D Denver Discreet Dispensary in Denver, Colorado, December 04, 2013.

    The fund, open only to accredited investors, could dwarf other private equity ventures in the budding pot industry, its business manager told CNBC.

  • Hedge funds lose out to equities, again Sunday, 22 Dec 2013 | 7:01 PM ET

    LONDON, Dec 23- For hedge funds that made money this year there was only one strategy that really mattered- latching onto the stockmarket rally.

  • Former Bush aide now top private equity lobbyist Thursday, 19 Dec 2013 | 11:54 AM ET
    Ken Mehlman

    Ken Mehlman, the public affairs chief at KKR who was previously a top Republican operative, is now the top lobbyist for the PE industry.

  • LONDON, Dec 19- The collapse of FX Concepts, once the world's biggest currency hedge fund, is symptomatic of the dramatic decline in a once-profitable sector that faces another tough year in 2014 at the mercy of central bank policy.

  • Morning six-pack: what we're reading Wednesday Wednesday, 18 Dec 2013 | 9:43 AM ET
    Ben Bernanke

    Will Ben Bernanke announce a Fed taper?

  • WASHINGTON, Dec 16- A preliminary analysis of a new trove of hedge fund data has found that the industry may not be as risky as conventionally thought, a U.S. Treasury Department official said on Monday.

  • Hedge funds cash in on Peugeot as GM takes exit hit Friday, 13 Dec 2013 | 11:56 AM ET

    *GM offloads Peugeot stake, loses $82 mln. PARIS/ LONDON, Dec 13- Hedge funds have reaped some $190 million this week from betting against Peugeot, in contrast with GM, whose own investment in the French carmaker proved to be a loser.

  • NEW YORK, Dec 11- Citigroup Inc named Duncan Hennes, a co-founder of bank advisory firm Promontory Financial Group and a former CEO of Soros Fund Management, to its board of directors on Wednesday.

Most Popular Video

Tuesday, 22 Apr 2014 | 10:48 PM ET

Todd Elmer, Currency Strategist at Citi, discusses whether the currency's sharp drop following weaker-than-expected quarterly inflation data was justified.

Tuesday, 22 Apr 2014 | 10:30 PM ET

Adaire Fox-Martin, COO, Asia Pacific Japan at SAP, elaborates on the firm's "stunning results" in Southeast Asia, India and the sector of cloud computing in the first-quarter.

Tuesday, 22 Apr 2014 | 10:17 PM ET

Joe Magyer, Senior Analyst at The Motley Fool, says the flurry of activity on Wall Street looks "frothy" at the moment.