GO
Loading...

Private Equity

More

  • BOSTON, Dec 16- A former top portfolio manager for Steven A. Cohen's now-defunct SAC Capital Advisors hedge fund is joining Scoria Capital, a hedge fund founded by another SAC alumnus. Ted Orenstein will become a senior partner and head the industrials sector at Scoria when he joins early in January, the firm's founder, Larry Sapanski, wrote to investors in a letter...

  • LONDON, Dec 15- Investors are optimistic about private equity, but reconsidering their allocations to hedge funds, a survey showed on Monday. The Global Private Equity Barometer by Coller Capital showed that almost two-fifths of investors, or Limited Partners as they are known, are planning to increase allocations targets to private equity over the next year.

  • BC Partners lands PetSmart in $8.7 bln buyout Sunday, 14 Dec 2014 | 5:03 PM ET

    PetSmart agreed to sell itself to a private equity consortium for $8.7 billion, in the largest leveraged buyout of the year.

  • LONDON, Dec 12- The acrimonious divorce of Britain's most generous philanthropists, hedge fund billionaire Christopher Hohn and his estranged wife Jamie Cooper-Hohn, could lead to a split of one of the largest private charities in the world. "I am aware... that there have been discussions about the possibility of diverting funds from the UK Foundation into the U.S....

  • BOSTON, Dec 11- Fewer hedge funds opened in the third quarter of 2014 than in any other quarter in a year, according to data released on Thursday by industry research firm Hedge Fund Research. Assets managed by the industry reached a record $2.82 trillion at the end of third quarter, HFR said. Earlier this year, Herb Wagner launched Finepoint Capital after leaving...

  • Schwarzman: Energy a 'wonderful' opportunity Thursday, 11 Dec 2014 | 3:56 PM ET
    Stephen Schwarzman

    The head of private equity giant Blackstone spoke at the DealBook Conference in New York Thursday.

  • BlackRock Inc, the world's largest asset manager, and Manning& Napier are among the managers that use strategies such as shorting stocks and trading derivatives in their target-date funds. J.P. Morgan Asset Management and Voya Investment Management are considering adding similar strategies, executives told Reuters. About 41 percent of 401 plan...

  • Blackstone's Wien: 'Favorable trends' in 2015 Monday, 8 Dec 2014 | 10:38 AM ET
    Byron Wien

    Blackstone Group economic prognosticator Byron Wien thinks there's plenty of reason for optimism in 2015.

  • BlackRock Inc, the world's largest asset manager, and Manning& Napier are among the managers that use strategies such as shorting stocks and trading derivatives in some 401 retirement plans, including target date funds. J.P. Morgan Asset Management and Voya Investment Management are considering adding similar strategies, executives told Reuters.

  • Uber investors see IPO that would top $100 billion Friday, 5 Dec 2014 | 2:23 PM ET
    The Uber car service app is displayed on an HTC smartphone in Berlin, Nov. 24, 2014.

    A small group of elite investors are behind Uber's latest fundraising effort and believe the company is set for a massive IPO.

  • BOSTON, Dec 4- Most hedge fund investors polled by Goldman Sachs plan to pull some cash from their current managers in the coming months, with the majority citing poor performance as the reason, according to results of a survey seen by Reuters. The vast majority of that cash, which could amount to more than $100 billion, would likely go to another hedge fund manager...

  • So far, so good for China: SocGen  Wednesday, 3 Dec 2014 | 8:14 PM ET

    Xavier Denis, Economist and Strategist at Societe Generale, says recent decisions by policymakers have allayed fears of a hard landing.

  • No irrational exuberance in US markets: Pro  Wednesday, 3 Dec 2014 | 5:20 PM ET

    Erik Davidson, Global Strategist & Managing Director of Investments at Wells Fargo Private Bank, says there's no reason to be concerned on the U.S. market rally.

  • SAO PAULO, Dec 3- Credit Suisse Group AG plans to open a hedge fund in Brazil called Gauss next year to offer new investment alternatives for clients, such as volatility arbitrage, executives said on Wednesday. The hedge fund, named after "the prince of mathematicians" Carl Gauss, will be managed by Fabio Okumura, former head of proprietary trading at Itaú Unibanco...

  • SAO PAULO, Dec 3- Credit Suisse Group AG plans to open a hedge fund in Brazil called Gauss next year to offer new investment alternatives for clients, such as volatility arbitrage, executives said on Wednesday. The hedge fund, named after "the prince of mathematicians" Carl Gauss, will be managed by Fabio Okumura, the former head of proprietary trading at Itaú...

  • Did Carl Icahn cause a new private equity bubble? Wednesday, 3 Dec 2014 | 1:14 PM ET
    Carl Icahn

    Carl Icahn has been everywhere recently, taking up stakes—and pushing for changes—in big companies including Netflix, Hertz, eBay, and Apple.

  • Dealmaking is only in the 5th inning: Schwarzman Wednesday, 3 Dec 2014 | 8:29 AM ET
    Steve Schwarzman, co-founder, chairman and chief executive officer of Blackstone Group LP.

    Blackstone Group's Steve Schwarzman also tells CNBC: "I don't think the Fed will throw us into a next recession."

  • The fund, run by ex- Credit Suisse traders George "Beau" Taylor and Trevor Woods, runs a diversified energy-related portfolio, but the slump in oil prices to five-year lows after the OPEC meeting was a key driver, the sources said. Pierre Andurand, founder of the BlueGold fund that had gigantic gains during the 2008 oil market slump, made 18 percent last month at his...

  • Top Chinese PE firm: Sectors we're bullish on  Sunday, 30 Nov 2014 | 5:49 PM ET

    Despite slowing growth in China, Wang Chao Yong, Chairman and CEO at China Equity Group, explains why he's still positive on domestic prospects.

  • Tiger Global, which manages roughly $14.5 billion in hedge fund and private equity portfolios, wrote to investors in a Nov. 25 letter seen by Reuters, that it wants to raise as much as $1 billion in new capital at its Tiger Global Long Opportunities fund. Co-founded by Chase Coleman, Tiger Global was seeded by hedge fund industry veteran Julian Robertson and ranks...