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Investing Private Equity

  • CHICAGO, March 9- Four individual investors of Peabody Energy Corp are accusing the company, certain hedge funds and other parties involved in the coal producer's Chapter 11 bankruptcy of breaching their fiduciary duties, according to a lawsuit filed on Thursday. Peabody has denied the allegations in the lawsuit, which was filed with the U.S. Bankruptcy Court...

  • Helpful when crude is stable in a band: Pro

    At CERAWeek, CNBC's Brian Sullivan speaks with Osmar Abib, Credit Suisse, and Charlie Leykum, CSL Capital Management, about the state of the oil market and private equity.

  • BOSTON, March 8- Billionaire investor David Tepper, whose views on markets and stocks are closely watched by other money managers, said on Wednesday he bought shares of Snap Inc in its initial public offering, sold some, and would buy again if the price dropped. The highly anticipated $3.4 billion offering was the biggest U.S. technology IPO since Alibaba Group...

  • HOUSTON, March 7- The Organization of the Petroleum Exporting Countries is moving to bring U.S. shale producers and hedge funds into widening talks about how best to tame a global oil glut. Last November, OPEC took initial steps to widen its market reach as it sought to end a two-year price war, striking a historic agreement with 13 non-member countries, including...

  • March 7- Innoviva Inc said activist investor Sarissa Capital Management LP had nominated four directors to replace a majority of the drug company's board. Innoviva, formerly Theravance Inc, urged shareholders to vote for its recommended seven nominees at the 2017 annual meeting. Sarissa Capital Management LP, a hedge fund run by billionaire investor Carl...

  • March 7- Innoviva Inc said on Tuesday activist investor Sarissa Capital Management LP had nominated a slate of directors to replace a majority of the company's board. Innoviva, formerly Theravance Inc, urged shareholders to vote for its recommended seven nominees, adding Sarissa had provided no rationale for its actions nor proposed a new strategic...

  • Barry Sternlicht: Looking at opportunities in Europe

    Barry Sternlicht, Starwood Capital chairman & CEO, provides his thoughts on investment opportunities in Europe.

  • Barry Sternlicht: Animal spirits revived under Trump

    Barry Sternlicht, Starwood Capital chairman & CEO, talks about business optimism growing on hopes of deregulation, tax reform and rate hikes.

  • LONDON, March 6- Hedge funds have trimmed their bullish position in crude oil by the largest amount since OPEC announced its decision to cut output in November. But the decline comes after fund managers doubled their net long position from 425 million barrels on Nov. 8 to 951 million barrels on Feb. 21. The accumulation of long positions may have helped accelerate...

  • LONDON, March 6- Hedge funds have trimmed their bullish position in crude oil by the largest amount since OPEC announced its decision to cut output in November. But the decline comes after fund managers doubled their net long position from 425 million barrels on Nov. 8 to 951 million barrels on Feb. 21. The accumulation of long positions may have helped accelerate...

  • *Investor demand highest since 1999- Blue Lion Research. LONDON/ BOSTON, March 6- Bank stocks are back in vogue for hedge funds, which have shunned the industry over the past seven years due to a squeeze on banks' profitability from low interest rates and because of their opaque balance sheets. "I think people are overweighting," Hilmi Unver, partner at hedge fund...

  • March 3- Activist hedge fund Elliott Management Corp said on Friday it had entered into a standstill agreement with U.S. healthcare services company Advisory Board Co. Elliott Associates, a unit of Elliott Management, disclosed an 8.3 percent stake in Advisory Board in January, calling the stock "undervalued." The stake makes Elliott the company's largest...

  • March 2- U.S. specialty metals maker Arconic Inc said on Thursday it appointed former United Technologies Corp executive David Hess as an independent director on its board amid a proxy battle with hedge fund Elliott Management Corp.. Arconic has been under pressure from activist hedge fund Elliott Management Corp, which last week stepped up pressure for...

  • March 2- U.S. specialty metals maker Arconic Inc said on Thursday it appointed former United Technologies Corp executive David Hess as an independent director on its board amid a proxy battle with hedge fund Elliott Management Corp.. Arconic has been under pressure from activist hedge fund Elliott Management Corp, which last week stepped up pressure for...

  • March 2- U.S. specialty metals maker Arconic Inc said on Thursday it appointed former United Technologies Corp executive David Hess as an independent director on its board amid a proxy battle with hedge fund Elliott Management Corp.. Arconic has been under pressure from hedge fund Elliott Management Corp, which last month raised its stake in the company to...

  • Business cycle is biggest risk to world economy: Rubenstein

    David Rubenstein, co-founder and co-CEO at The Carlyle Group, reveals what he thinks is the biggest risk for the global economy.

  • Unlikely Le Pen will win French election: Rubenstein

    David Rubenstein, co-founder and co-CEO at The Carlyle Group, says “people have not been good at predicting elections” lately.

  • Believe Trump intends to keep promises: Rubenstein

    The Carlyle Group co-CEO and co-founder, David Rubenstein talks about how serious President Trump is when it comes to delivering campaign promises, with comment on tax reform and infrastructure.

  • Don’t think Dodd-Frank will be repealed: Rubenstein

    David Rubenstein, co-founder and co-CEO at The Carlyle Group, talks about regulation, whether Dodd-Frank will be rolled back.

  • BOSTON, March 1- Hedge fund giant Citadel on Wednesday became the latest U.S. investment firm to join the Hedge Fund Standards Board, the industry's global standard-setting body said in a newsletter. The London- based group said hedge fund managers Citadel plus Bermuda- based Hiscox Re Insurance Linked Strategies Ltd and Hong Kong- based Myriad Asset Management...