Lawrence Delevingne is the 'Big Money' enterprise reporter for CNBC.com in New York. He focuses on large money managers, especially hedge and private equity funds.
Before joining CNBC in September 2013, Delevingne was a senior staff writer at hedge fund publication Absolute Return from 2010 to 2013. He has also written for Business Insider, Fortune and BusinessWeek.
Prior to journalism, Delevingne worked in communications, specializing in corporate responsibility at Burson-Marsteller in Washington. He holds a Master's degree from Columbia University's Graduate School of Journalism and a Bachelor's degree from Georgetown University's School of Foreign Service. At Georgetown, he studied international affairs with a focus on Africa.
Follow Lawrence Delevingne on Twitter at @ldelevingne
Or email him at firstname.lastname@example.org
Carlyle has raised $698 million for its dedicated Africa fund, nearly $200 million above its initial target.
Happy Wednesday. We now return to our regularly scheduled program of spring.
Major market averages may not have much further to fall before indicating that something considerably worse is in store.
A senior investment banker at Barclays is set to leave following a combined 17 years at the bank.
Hedge funds have seen the worst start to the year since the financial crisis, as returns in January and March were both in the red.
The Fed indicated to Citi that it would get more time to fix "stress test" planning problems before rejecting its capital plan.
Goldman Sachs reported quarterly earnings and revenue that topped analysts' expectations on Thursday.