Large asset managers are heralding infrastructure investing given crumbling pipes, ports and power plants--and broke governments.» Read More
*Carlyle bought 55 percent stake in Vermillion* Paid with cash and shares in itself* Deal represents major expansion within alternative assets By Greg Roumeliotis and Josephine Mason.
By Greg Roumeliotis and Josephine Mason. NEW YORK, Oct 2- Carlyle Group LP said on Tuesday it had bought a majority stake in a commodities-trading hedge fund manager, its biggest leap yet in an expansion that has seen it diversify from private equity into other alternative asset classes.
NEW YORK, Oct 2- Carlyle Group LP said on Tuesday it would buy a majority stake in a commodities-trading hedge fund manager, its biggest leap yet in an expansion that has seen it diversify from private equity into other alternative asset classes.
FRANKFURT, Oct 2- German real estate company Gagfah is seeking bids for the 38,000 flats it plans to sell in the city of Dresden by the end of the week, according to people with knowledge of the matter.
Briger is a principal and co-chairman of the board of the investment management firm Fortress Investment Group LLC and a former partner at Goldman Sachs.
Can the average stock market investor make money investing in Wall Street's exclusive private-equity and debt trading clubs?
Take a look at some of Thursday morning's early movers:
Last year's hedge fund losers may be turning into winners again. Several of the largest hedge funds that ended last year deep in the red, jumped to good starts in January, giving their wealthy investors reason to believe savvy traders are getting back their magic touch.
The lawsuit filed by the Securities and Exchange Commission against six executives of Fannie Mae and Freddie Mac may not be the worst of the executives’ worries.
Inside Fortress Investor Group, many are speculating CEO Daniel H. Mudd may step aside soon because of new SEC charges from his tenure at Fannie Mae.
The Navy Seal Foundation rings the opening bell at the NYSE to honor Fortress Trading as a recipient of its 2011 Patriot Award, with Fortress Investment Group's Daniel Mudd, Drew Fox, Mike Martin, and D.J. Haley.
Many of the conference attendees are considered industry icons for outperforming their peers. Click to see the Hedge Fund elite, and how much money they’re managing.
Regulators are nearing a settlement with Fannie Mae and Freddie Mac over whether the mortgage finance giants adequately disclosed their exposure to risky subprime loans, bringing to a close a three-year investigation. The New York Times reports.
Hedge fund managers are preparing to enter the second half of the year with plenty to be bearish about – and not much, it seems, to make money from. The FT reports.
See what's happening, who's talking and what will be making headlines on Friday's Squawk on the Street.
When Goldman Sachs went public 12 years ago this month, an elite group of 221 executives controlled the strategy and shares of the investment bank, the New York Times reports.
The initial public offerings slated for this week were set to raise around $1.1 billion, according to IPOscoop.com, but it’s looking like the number will be much higher come Friday’s close.
The auction for CitiFinancial’s subprime consumer lending unit has moved into round two, according to two people familiar with the situation.
Citigroup is seeking buyers for CitiFinancial, the largest consumer finance company in the US, in a deal that could raise hundreds of millions of dollars and mark a milestone in the bank’s efforts to break with its troubled past. The FT reports.
These investments—partnerships that own oil and gas pipelines and storage facilities—throw off great income for investors while providing equities-like liquidity.