Trusted Insighthttp://thetrustedinsight.com/2017-06-15T11:04:38.831963-04:00Trusted Insight, the world's largest platform for institutional investors with 40,000 LP investor professionals in 98 countries and territories around the globe. 30,000 institutional investors engage with Trusted Insight each week. They are actively investing in alternative assets, primarily private equity, hedge funds, real estate and private companies. Our users consist of pension funds, endowments, foundations, sovereign wealth funds, family offices, banks and insurance companies. 83% of Trusted Insight users continue to use the platform 6 months after initially signing up. Investors on the platform, on average manage in excess of $5 billion. We are a platform for qualified purchasers, not high net worth investors.
Individuals And Institutions Split On Benefits Of ESG Investing
2017-06-15T11:04:38.831963-04:00https://www.thetrustedinsight.com/investment-news/individuals-and-institutions-split-on-benefits-of-esg-investing-20170615347/
Individuals believe the environmental, social, and ethical records of the companies they invest in are important, said Natixis, while professionals at institutions and within “the investment community” were more sceptical about the efficacy of these strategies, for example having concerns about performance measurement.
Saudi Investment Helps Solidify Long Thesis For Blackstone
2017-05-22T18:16:04.388314-04:00https://www.thetrustedinsight.com/investment-news/saudi-investment-helps-solidify-long-thesis-for-blackstone-20170522773/
Shares of Blackstone Group LP (NYSE: BX) gained more than 6 percent on Monday and hit a new 52-week high of $32.10 after the company successfully raised $20 billion for an infrastructure fund. Latest Ratings for BX DateFirmActionFromTo May 2017CitigroupUpgradesNeutralBuy Oct 2016BarclaysMaintainsOverweight Aug 2016BarclaysMaintainsOverweight
PivotalPath Expands Hedge Fund Manager Ratings
2017-05-17T10:56:04.407102-04:00https://www.thetrustedinsight.com/investment-news/pivotalpath-expands-hedge-fund-manager-ratings-20170517584/
PivotalPath, a technology-driven hedge fund investment consultant, has launched Quality of Performance (PQP), a proprietary quantitative manager rating system across 1,300-plus hedge funds, located on its technology platform, PivotalBase.
Resurgent Man Group Teed Up For Further Rally
2017-04-20T16:03:04.190915-04:00https://www.thetrustedinsight.com/investment-news/resurgent-man-group-teed-up-for-further-rally-20170420759/
Man Group reported stunning first-quarter numbers, smashing expectations.David Brenchleyfinds how the stock can make a new high after a testing two years.ArticleAnalysis and CommentaryiiDavid BrenchleyTop NewsTechnical Analysis (Markets)Broker Ratings & Views (Markets)Earnings (Companies)read more
Einhorn's Greenlight Claims GM Misled Credit Raters On Stock
2017-04-13T16:41:04.672612-04:00https://www.thetrustedinsight.com/investment-news/einhorns-greenlight-claims-gm-misled-credit-raters-on-stock-20170413553/
Billionaire David Einhorn’s Greenlight Capital doubled down on its pitch for new General Motors Co. dividend shares, saying the carmaker misrepresented the hedge fund’s proposal for a stock split. GM presented “a one-sided and flawed analysis” to ratings companies, Vinit Sethi, a Greenlight partner and director of research, said in a statement. Underwhelmed by GM’s returns as a shareholder since 2011, Greenlight has nominated Sethi to serve as a director, along with private-equity firm executives Leo Hindery and William Thorndike. “To ensure the GM board objectively considers our plan and to look after the best interests of shareholders, we are nominating...
Fitch Found A Key Formula To Protect Banks From Being Burned If There's A Commercial Property Crash
2017-04-06T11:56:04.897481-04:00https://www.thetrustedinsight.com/investment-news/fitch-found-a-key-formula-to-protect-banks-from-being-burned-if-theres-a-commercial-property-crash-20170406276/
LONDON — Fitch Ratings has found a way for banks to safeguard themselves from heavy losses should the commercial property market crash. Naturally, the greater percentage a bank lends towards a property, the greater risk the bank takes on. When it comes to commercial property — anything from offices to shops — in a major market downturn, it can be doubly risky because commercial real estate (CRE) owners can run up millions upon millions in debt, and if a business goes bust, it will not be able to pay its bills.
Seth Klarman's Thoughts On Investing Risk In The Trump Era
2017-02-07T17:10:34.573558-05:00https://www.thetrustedinsight.com/investment-news/seth-klarmans-thoughts-on-investing-risk-in-the-trump-era-20170207242/
Seth Klarman, the billionaire manager of hedge fund Baupost Group, recently penned a letter to investors that included his thoughts on President Donald Trump's potential impact on financial markets. Latest Ratings for LNG DateFirmActionFromTo Oct 2016Credit SuisseAssumesOutperform Sep 2016BarclaysMaintainsOverweight Jun 2016Wolfe ResearchInitiates Coverage onOutperform
The Great Texas Pension Fix
2017-01-19T10:45:38.610254-05:00https://www.thetrustedinsight.com/investment-news/the-great-texas-pension-fix-20170119562/
When Houston Mayor Sylvester Turner took office last year, he inherited a sweeping pension crisis. The city had an unfunded liability of $5.6 billion, a figure representing Houston’s obligations to its fire, police, and municipal pension systems.Then it got worse: After he took office and got a closer look at the books, Turner saw the revised figure—$7.8 billion.Pensions are the storm clouds on the horizon that threaten to wash out the so-calledTexas Miracle, the wave of new jobs that kept the Lone Star State afloat through the Great Recession. Taken together, the four largest cities in Texas—Houston, Dallas, Austin, and San Antonio—owe more than $22 billion in pension shortfalls.
Olaf Carlson-Wee's Polychain Raises Money From Union Square Ventures
2016-12-28T11:31:10.953519-05:00https://www.thetrustedinsight.com/investment-news/olaf-carlson-wees-polychain-raises-money-from-union-square-ventures-20161228926/
A 27-year-old has raised $10 million for an unusual hedge fund —
with the support of venture capitalists like Andreessen Horowitz
and Union Square Ventures....
100 Most Exciting Startups In New York City
2016-12-08T10:38:24.503772-05:00https://www.thetrustedinsight.com/investment-news/100-most-exciting-startups-in-new-york-city-20161208215/
A panel of 40 judges, including Business Insider's Henry Blodget and Karl-Theodor zu Guttenberg, chairman of Spitzer Partners, chose the finalists.
China’s ‘Hedge Fund Brother No.1’ Admits Stock Manipulation
2016-12-07T11:35:27.217052-05:00https://www.thetrustedinsight.com/investment-news/chinas-hedge-fund-brother-no1-admits-stock-manipulation-20161207153/
Former hedge fund manager Xu Xiang pleaded guilty to charges of market manipulation in one of the most high-profile cases to follow last year’s stock market collapse in China. Xu, known as “hedge fund brother No. 1” for his winning bets in the stock market, was charged with colluding to manipulate share prices in an operation that began in 2009 and ran through 2015, a court in the eastern city of Qingdao said on its official Weibo account. Two other defendants -- fund manager Wang Wei and Zhu Yong -- also pleaded guilty, the statement said.
PE Deal Activity May Slow Next Year Despite Record Dry Powder
2016-11-21T12:04:41.480367-05:00https://www.thetrustedinsight.com/investment-news/pe-deal-activity-may-slow-next-year-despite-record-dry-powder-20161121526/
Private equity deal activity is unlikely to soar next year even with record amounts of dry powder available, according to a new report from investment ratings company Fitch.
Hedge Fund Uses CDO Magic To Transform Fannie Mae Junk Debt
2016-11-09T12:35:07.041497-05:00https://www.thetrustedinsight.com/investment-news/hedge-fund-uses-cdo-magic-to-transform-fannie-mae-junk-debt-20161109036/
A Florida hedge fund transformed risky Fannie Mae and Freddie Mac debt into investment-grade securities, and it could end up helping the mortgage giants’ efforts to offload more of their risk. Bayview Financial packaged junk-rated securities issued by the two government-backed companies into $118 million of new bonds last month that Fitch Ratings stamped with grades as high as A-. The sale allows the hedge fund to borrow against its investments in the...
Pension Burdens Rise As Liabilities Double In Just A Few Years
2016-11-08T11:21:21.163170-05:00https://www.thetrustedinsight.com/investment-news/pension-burdens-rise-as-liabilities-double-in-just-a-few-years-20161108957/
Pension burdens have outstripped outstanding debt at a majority of the 50 largest local governments, according to Moody’s Investors Service . What’s more, the liabilities, which aggregated $367 billi...
Moody's Downgrades Dallas' Debt Rating Again, Blaming City's Pension Woes
2016-10-20T12:05:43.603729-04:00https://www.thetrustedinsight.com/investment-news/moodys-downgrades-dallas-debt-rating-again-blaming-citys-pension-woes-20161020934/
Credit ratings agency Moody's knows Dallas city leaders are working to find fixes for the troubled Dallas Police and Fire Pension Fund as they stare down a multibillion-dollar funding hole....
Brexit Vote Has Set Back UK Infrastructure Investment
2016-09-23T15:10:09.784471-04:00https://www.thetrustedinsight.com/investment-news/brexit-vote-has-set-back-uk-infrastructure-investment-20160923685/
Following the UK's vote to leave the European Union, investment in the country's infrastructure has experienced setbacks, with postponements of some asset sales and a downsizing of other projects, according to ratings agency Standard & Poor's.
Petrobras Debt Bomb Requires Oil Company To Sell More Assets
2016-09-22T17:10:09.451550-04:00https://www.thetrustedinsight.com/investment-news/petrobras-debt-bomb-requires-oil-company-to-sell-more-assets-20160922626/
Fitch Ratings says that Petrobras needs to sell more assets or it will not get its debt under control.
What Fiscal 2015 Pension Returns May Mean for the States
2016-09-13T11:15:08.468107-04:00https://www.thetrustedinsight.com/investment-news/what-fiscal-2015-pension-returns-may-mean-for-the-states-20160913029/
MyBondBuyer is a new tool for subscribers to The Bond Buyer that let's you customize the news that matters to you. Get Started Now...
Despite Weak Returns, Tennessee Pension Still Strong, Officials Say
2016-09-06T10:52:52.740126-04:00https://www.thetrustedinsight.com/investment-news/despite-weak-returns-tennessee-pension-still-strong-officials-say-20160906681/
Emily Mitchell teaches Kindergarten. She says she is grateful for her pension and it has helped her keep peace of mind during the tougher markets, which have hurt her husband’s 401k.
Monday Aug. 29...
Kentucky's Public Pension Faces Insolvency With Biggest Shortfall in US
2016-09-01T11:37:49.770701-04:00https://www.thetrustedinsight.com/investment-news/kentuckys-public-pension-faces-insolvency-with-biggest-shortfall-in-us-20160901521/
Kentucky is the home of thoroughbred horse racing, well-regarded bourbon and politicians fighting over some of the most vexing problems facing U.S. public pensions....
CalPERS Settles Moody's Negligent Ratings Case For Record $130M
2016-09-01T11:28:02.994290-04:00https://www.thetrustedinsight.com/investment-news/calpers-settles-moodys-negligent-ratings-case-for-record-130m-20160901517/
The California Public Employees' Retirement System (CalPERS) today announced it has settled its case against Moody's and Moody's Investors' Services (Moody's) for a record $130 million. The case stemmed from Moody's erroneous ratings of "AAA" rated structured investment vehicles prior to the financial crisis. Early in 2015, CalPERS settled with defendant Standard & Poor's (S&P) for $125 million, bringing total recovery from the now-concluded lawsuit to $255 million. "This resolves our lawsuit against Moody's and restores money that belongs to our members and employers,"...
The Ratings Game: Icahn Losing Nearly $500M In A Day On Icahn Enterprises Stock
2016-08-19T17:15:10.285833-04:00https://www.thetrustedinsight.com/investment-news/the-ratings-game-icahn-losing-nearly-500m-in-a-day-on-icahn-enterprises-stock-20160819979/
Icahn Enterprises stock tumbles after UBS downgraded it to sell, which could be putting its largest shareholder, billionaire investor Carl Icahn, on the hook for loss of nearly $500 million in a day.
China Needs Housing Space 'the Size Of Singapore' Each Year Till 2030 -Fitch
2016-08-08T12:40:10.054117-04:00https://www.thetrustedinsight.com/investment-news/china-needs-housing-space-the-size-of-singapore-each-year-till-2030-fitch-20160808204/
China needs to build residential property space that's roughly equivalent to the land area of Singapore, or 800 million square meters, every year until 2030, Fitch Ratings estimated.
Public Universities' Fiscal Woes Stem From State's Pension Mess
2016-08-04T13:21:56.648670-04:00https://www.thetrustedinsight.com/investment-news/public-universities-fiscal-woes-stem-from-states-pension-mess-20160804085/
Only two months ago, Moody’s Investor Services downgraded the credit ratings of seven state universities, saying their dependence on state funding made them less desirable for investors....
CIOs: What Brexit Means for You
2016-06-28T12:05:46.121429-04:00https://www.thetrustedinsight.com/investment-news/cios-what-brexit-means-for-you-20160628184/
A UK recession, quantitative easing, and interest rate cuts—economists and asset managers have their say....
Infrastructure Market Key Area Of Growth For Malaysian Islamic Bonds And Private Debt
2016-03-28T12:30:25.603224-04:00https://www.thetrustedinsight.com/investment-news/infrastructure-market-key-area-of-growth-for-malaysian-islamic-bonds-and-private-debt-20160328316/
RAM Ratings (RAM) anticipates the Malaysian sukuk market to sustain its momentum in 2016, with RM100 billion-RM120 billion of issuance this year. “Infrastructure projects that are still in the pipeline will be a key growth engine for the Malaysian sukuk market,” highlighted Ruslena Ramli, head of Islamic Finance.
Poor Returns To Erase Years Of US Public Pension Gains
2016-03-22T11:04:07.345345-04:00https://www.thetrustedinsight.com/investment-news/poor-returns-to-erase-years-of-us-public-pension-gains-20160322994/
Moody’s predicts the unfunded liabilities of American public plans will increase by at least 10% in 2016....
China Has 'one Last Chance' To Clean Up Its Mammoth Bad Debts
2016-03-18T14:30:22.012382-04:00https://www.thetrustedinsight.com/investment-news/china-has-one-last-chance-to-clean-up-its-mammoth-bad-debts-20160318809/
REUTERSAt a time of slowing growth, acute overcapacity in some sectors and rampant credit growth, concerns over the creditworthiness of Chinese borrowers show no signs of abating at present. Hedge fund managers, including Kyle Bass, are actively betting on a full-blown banking crisis. Credit ratings agencies are warning that the government, along with a great number of state-owned enterprises, may have their credit ratings cut in the months ahead.
California Pension Fund Says Moody's Will Pay $130 Million
2016-03-10T11:26:39.716784-05:00https://www.thetrustedinsight.com/investment-news/california-pension-fund-says-moodys-will-pay-130-million-20160310292/
SACRAMENTO, Calif. (AP) - The nation’s largest public pension system says Moody’s has agreed to pay $130 million to settle a lawsuit alleging the investment rating agency negligently gave strong scor...
A 75% Slump In Gas Aids Pakistan's Quest To End Energy Crisis
2016-03-09T09:30:15.317291-05:00https://www.thetrustedinsight.com/investment-news/a-75-slump-in-gas-aids-pakistans-quest-to-end-energy-crisis-20160309208/
In three years, the South Asian nation plans to import as much as 20 million tons of the super-chilled gas annually, according to Pakistan’s Petroleum Minister Shahid Khaqan Abbasi.
Russia And Saudi Arabia On The Brink Of Moody's Downgrade As Oil Price Continues To Bite
2016-03-07T12:53:25.368268-05:00https://www.thetrustedinsight.com/investment-news/russia-on-the-brink-of-moodys-downgrade-as-oil-price-continues-to-bite-20160307075/
The credit ratings of more than 10 oil producing nations in the developing world were placed on review for a downgrade by Moody’s Investors Service, which cited the shock of depressed oil prices on these economies. The list includes Russia, Kazakhstan, Nigeria, Angola, Gabon and Trinidad and Tobago, according to statements released by Moody’s on Friday in New York.
Bill Ackman welcomes Valeant CEO Mike Pearson's return, says earnings uncertainty 'over in few or so weeks'
2016-03-03T14:57:25.941225-05:00https://www.thetrustedinsight.com/investment-news/bill-ackman-welcomes-valeant-ceo-mike-pearsons-return-says-earnings-uncertainty-over-in-few-or-so-weeks-20160303894/
Activist investor Bill Ackman told CNBC he expected under-fire pharma company Valeant to take just weeks to sort out the issues hammering its share price....
Fitch Now Assumes Oil Will Average $35 A Barrel In 2016
2016-03-03T12:30:17.896956-05:00https://www.thetrustedinsight.com/investment-news/fitch-now-assumes-oil-will-average-35-a-barrel-in-2016-20160303880/
Fitch Ratings lowered its prediction for the average price of oil this year to just $35 a barrel. It’s prior forecast was $45.The ratings agency also cut its price assumption for natural gas to $2.25 per thousand cubic feet from $2.50.
Two Second Generation Entrepreneurs Take On The $150B Construction Market Online
2016-03-01T12:21:54.780355-05:00https://www.thetrustedinsight.com/investment-news/two-second-generation-entrepreneurs-take-on-the-150b-construction-market-online-20160301743/
According to a 2013 PwC report, the construction industry contributed eight percent to India’s GDP. Supplified.com is taking this $150-billion market of construction materials and home décor appliances and fittings online.
Hedge Funds In UK Aren’t Dead, They Are Just Regrouping.
2016-02-29T13:30:18.008571-05:00https://www.thetrustedinsight.com/investment-news/hedge-funds-in-uk-arent-dead-they-are-just-regrouping-20160229697/
In 1990 hedge funds were still rare birds; 500-odd funds managed around $40 billion, mostly for rich individuals. Few people understood what they did or bothered to find out. By the end of 2015, the sector had mushroomed to include nearly 9,000 funds managing roughly $3 trillion. Along with private equity, the industry was classed as an “alternative asset”, attractive to pension funds and endowments. But a recent wave of fund closures, and the expectation that more will follow, suggest the industry’s era of stratospheric growth may be in the past. On the surface, fund closures are the norm in...
The Intriguing Math That Turns Manhattan Properties Into Shekels
2016-02-28T12:00:19.103464-05:00https://www.thetrustedinsight.com/investment-news/the-intriguing-math-that-turns-manhattan-properties-into-shekels-20160228646/
Strawberry Fields, a real estate investment trust whose facilities cater to Alzheimer’s sufferers in the Midwest, is the latest of at least 14 U.S. property companies that have borrowed a combined 8.1 billion shekels ($2.07 billion) in the Israeli market since 2008, securing interest rates they could only dream of at home.
When Earth Rumbles, Will Silicon Valley Tumble?
2016-02-25T12:00:12.473394-05:00https://www.thetrustedinsight.com/investment-news/when-earth-rumbles-will-silicon-valley-tumble-20160225490/
<span style="line-height: 20.8px;">As Silicon Valley remains firmly rooted as the global center of technology and innovation, rarely mentioned is one huge fact that could blunt a ton of good vibes: The area is due for a major earthquake.</span>
ADT Shares Rocket Almost 50% On Acquisition By Apollo
2016-02-24T14:30:10.934739-05:00https://www.thetrustedinsight.com/investment-news/adt-shares-rocket-almost-50-on-acquisition-by-apollo-20160224442/
Shares of home-security provider ADT soared on news that it will be acquired by affiliates of Apollo Global Management.
Not Dead, Just Resting | The Economist
2016-02-24T09:30:19.653902-05:00https://www.thetrustedinsight.com/investment-news/not-dead-just-resting-the-economist-20160224416/
IN 1990 hedge funds were still rare birds; 500-odd funds managed around $40 billion, mostly for rich individuals. Few people understood what they did or bothered to find out. By the end of 2015, the sector had mushroomed to include nearly 9,000 funds managing roughly $3 trillion. Along with private equity, the industry was classed as an “alternative asset”, attractive to pension funds and endowments. But a recent wave of fund closures, and the expectation that more will follow, suggest the industry’s era of stratospheric growth may be in the past. On the surface, fund closures are the norm in...
U.S. Property Companies See Israel As A Promised Land Of Investors
2016-02-23T16:00:26.107469-05:00https://www.thetrustedinsight.com/investment-news/us-property-companies-see-israel-as-a-promised-land-of-investors-20160223397/
Strawberry Fields, a real estate investment trust whose facilities cater to Alzheimer’s sufferers in the Midwest, is the latest of at least 14 U.S. property companies that have borrowed a combined 8.1 billion shekels ($2.07 billion) in the Israeli market since 2008, securing interest rates that they could only dream of at home.
PSP’s Private Debt Affiliate To Help Fund ADT Buyout By Apollo
2016-02-18T10:26:07.093923-05:00https://www.thetrustedinsight.com/investment-news/psps-private-debt-affiliate-to-help-fund-adt-buyout-by-apollo-20160218157/
<span style="line-height: 18.9091px;">PSP Investments Credit USA LLC</span><span style="line-height: 18.9091px;">, an affiliate of the</span><span style="line-height: 18.9091px;"> Public Sector Pension Investment Board</span><span style="line-height: 18.9091px;">(PSP Investments), is participating in the debt financing of </span><span style="line-height: 18.9091px;">Apollo Global Management</span><span style="line-height: 18.9091px;">‘s proposed acquisition of </span><span style="line-height: 18.9091px;">The ADT Corp</span><span style="line-height: 18.9091px;"> (NYSE: ADT). The buyout deal, announced this week at a value of about US$7 billion, is the largest so far this year, </span>according to Reuters<span style="line-height: 18.9091px;">. Boca Raton, Florida-based ADT is a provider of security and automation solutions. Montréal-based PSP Investments </span>launched its private debt affiliate<span style="line-height: 18.9091px;">under the leadership of </span><span style="line-height: 18.9091px;">David Scudellari</span><span style="line-height: 18.9091px;"> last November.</span>
Apollo Takes New Tack On ADT Deal Financing
2016-02-18T10:19:13.816945-05:00https://www.thetrustedinsight.com/investment-news/apollo-takes-new-tack-on-adt-deal-financing-20160218153/
<span style="line-height: 18.9091px;">The private-equity firm said on February 16 that it has agreed to buy ADT Corp in a deal that values the burglar-alarm vendor at about $7 billion. It comes at a time when falling oil prices and concerns about a global economic slowdown have soured banks and many investors on the junk-rated debt used to back leveraged buyouts.</span>
IfOnly Receives $10.25M Series B Funding
2016-02-12T14:00:21.477798-05:00https://www.thetrustedinsight.com/investment-news/ifonly-receives-1025m-series-b-funding-20160212945/
IfOnly, an expert and experience marketplace, has raised $10.25 million in Series B funding.
Big Media’s Battle Vs. Netflix, Amazon: What’s The Score?
2016-02-08T13:30:11.274105-05:00https://www.thetrustedinsight.com/investment-news/big-medias-battle-vs-netflix-amazon-whats-the-score-20160208702/
Can Big Media fight back in a world of cord cutting? Or will Hollywood move to Silicon Valley?
Hedge Fund Reinsurer Challenges Continue, Hybrid Model To Evolve: Fitch
2016-02-08T09:00:12.360978-05:00https://www.thetrustedinsight.com/investment-news/hedge-fund-reinsurer-challenges-continue-hybrid-model-to-evolve-fitch-20160208670/
Financial market investment volatility and a challenging reinsurance landscape negatively impacted the performance of hedge fund backed reinsurers during 2015, but internal hybrid, investment-oriented vehicles continue to gain momentum, according to Fitch Ratings. At the start of the year Artemis reported how the two highest profile hedge fund manager backed reinsurance entities, being Third Point […]
Bizarre Gold And Silver Movements Occurring Behind-The-Scenes
2016-02-06T15:00:11.573966-05:00https://www.thetrustedinsight.com/investment-news/bizarre-gold-and-silver-movements-occurring-behind-the-scenes-20160206614/
A lot is riding on the demand side of the equation when it comes to metals' price performance this year. Demand is the bigger wildcard with signals thus far being mixed in gold and silver bullion markets. The outlook for supply is more certain, and it isn't pretty.
Losing Pension Court Case Could Cost N.J. Big, Moody's Warns
2016-01-21T10:36:47.119227-05:00https://www.thetrustedinsight.com/investment-news/losing-pension-court-case-could-cost-nj-big-moodys-warns-20160121866/
But in its latest report released Wednesday on the "extraordinary decisions and challenges" the Garden State faces, the Wall Street ratings agency estimated the public pension system's $55 billion un...
Symantec To Get $1B Less Cash In Sale Of Veritas To Carlyle
2016-01-20T12:30:19.341419-05:00https://www.thetrustedinsight.com/investment-news/symantec-to-get-1b-less-cash-in-sale-of-veritas-to-carlyle-20160120830/
(Reuters) - Antivirus software maker Symantec Corp said on Tuesday it will receive $1 billion less in cash for its data storage unit Veritas from Carlyle Group LP , cutting the price of the biggest leveraged buyout of 2015 after debt backing the deal failed to sell.
Saudi Arabia Has Diversified, But Economy Still Depends On Oil
2016-01-18T16:22:52.493007-05:00https://www.thetrustedinsight.com/investment-news/saudi-arabia-has-diversified-but-economy-still-depends-on-oil-20160118672/
With investment banks predicting that oil will fall to between $10 and $20, Saudi Arabia is hoping that efforts to diversify the economy away from oil dependence and the public sector will allow it to continue to grow.
How Apple Could Make $1B For Carl Icahn If His New Super PAC Succeeds
2016-01-16T12:00:13.740480-05:00https://www.thetrustedinsight.com/investment-news/how-apple-could-make-1b-for-carl-icahn-if-his-new-super-pac-succeeds-20160116658/
Carl Icahn's tax repatriation super PAC might just help him get everything he's always wanted out of Apple (AAPL - Get Report) . "It would be hitting the mini-lottery," said Dan Ives, managing director of Virginia-based investment bank FBR Capital Markets. "There is so much excess cash out there," said Andrew Chang, director of corporate ratings at Standard & Poor's. "Frankly, if there weren't such friction on repatriation issues, the overall cash balance would be much, much smaller, and that excess cash would be going back to shareholders." "It would be a one-two punch, because there would be an actual event...
Paulson Reinsurance Company In Bermuda To Wind Down
2016-01-15T17:00:13.009276-05:00https://www.thetrustedinsight.com/investment-news/paulson-reinsurance-company-in-bermuda-to-wind-down-20160115638/
The company, PacRe, was set up in 2012 by the hedge fund manager John Paulson, but has stopped writing policies as scrutiny of these offshore tax strategies rises.
Energy Distress Trickles Down To Midstream Sector
2016-01-14T10:01:41.675348-05:00https://www.thetrustedinsight.com/investment-news/energy-distress-trickles-down-to-midstream-sector-20160114546/
<p>Trouble at a private equity-backed midstream company shows how distress in the energy industry has begun to flow beyond the production sector.</p>
<p>Southcross Energy Partners LP, which gathers, processes and transports natural gas in the Eagle Ford shale in Texas, said last week it would suspend quarterly cash distributions to its unit holders and hired restructuring advisers. Southcross is structured as a publicly traded master limited partnership whose holding company is owned by Charlesbank Capital Partners, EIG Global Energy Partners and Tailwater Capital.</p>
Vivino Lands $25M Series B Funding
2016-01-13T11:33:13.345850-05:00https://www.thetrustedinsight.com/investment-news/vivino-lands-25m-series-b-funding-20160113506/
Vivino today announced a $25 million Series B round led by SCP Neptune International to fuel Vivino's explosive growth and disruption of the global wine market.
Saudi To Save $7B From Energy Reforms
2016-01-07T14:23:39.053033-05:00https://www.thetrustedinsight.com/investment-news/saudi-to-save-7b-from-energy-reforms-20160107220/
Saudi Arabia is expected to save $7 billion a year after it introduced unprecedented energy price rises in a bid to offset the low cost of oil, a report said Wednesday
China’s Sizzling Land Prices Ups Risk For Slowing Economy
2016-01-06T16:50:17.184688-05:00https://www.thetrustedinsight.com/investment-news/chinas-sizzling-land-prices-ups-risk-for-slowing-economy-20160106141/
The frenzy in the four tier-1 cities -- Beijing, Shanghai, Guangzhou and Shenzhen, which combined account for 11 per cent of the whole country’s real estate investment adds to concerns about a sustainable recovery.
Credit Market Turmoil Could Sour Outlook For U.S. PE-Backed IPOs
2016-01-06T12:04:12.261351-05:00https://www.thetrustedinsight.com/investment-news/credit-market-turmoil-could-sour-outlook-for-us-pe-backed-ipos-20160106124/
<p>You can add one more factor to the reasons why U.S. private equity-backed initial public offerings have had a shabby few months: the convulsing junk bond market. Languishing commodities prices and turmoil in emerging markets had already prompted a selloff in high-yield credit, even before the markets could fully react to the impact of the Federal Reserve raising interest rates in mid-December.</p>
India Real Estate: New Investor-Friendly Rules To Woo Foreign Funds
2016-01-04T10:18:08.608997-05:00https://www.thetrustedinsight.com/investment-news/india-real-estate-new-investor-friendly-rules-to-woo-foreign-funds-20160104978/
<span style="line-height: 20.8px;">India's recent move to ease foreign investment norms in real estate will likely boost overseas fund flows into a sector struggling with project delays and weak demand, as the rule changes have by far been the most investor friendly since the industry was opened up about a decade ago.</span>
Kazakhstan Looks To Private Equity For Help With Its $93B Cash Pile
2015-12-29T14:33:20.064725-05:00https://www.thetrustedinsight.com/investment-news/kazakhstan-looks-to-private-equity-for-help-with-its-93b-cash-pile-20151229876/
KKR & Co. founder Henry Kravis, Blackstone Group LP Chairman Stephen Schwarzman and Carlyle Group co-founder David Rubenstein were among the guests when Kazakhstan President Nursultan Nazarbayev hosted a dinner in New York. Apart from the dining at the Four Seasons Hotel, there was access to a possible $93 billion on the table as Nazarbayev, who presides over Central Asia’s biggest energy exporter, seeks to boost returns on the country’s wealth...
South Carolina Port Authority Eyes Pension Funds to Finance Expansion
2015-12-29T11:53:56.812922-05:00https://www.thetrustedinsight.com/investment-news/south-carolina-port-authority-eyes-pension-funds-to-finance-expansion-20151229862/
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com....
KBS Fund Set To Become First US REIT To Try Israeli Bond Market
2015-12-23T12:55:02.439029-05:00https://www.thetrustedinsight.com/investment-news/kbs-fund-set-to-become-first-us-reit-to-try-israeli-bond-market-20151223663/
The non-traded REIT, managed by Newport Beach, Calif.-based KBS Capital Advisors, is seeking to raise up to $200 million through a corporate-grade debt offering on the Tel Aviv Stock Exchange.
Paul Tudor Jones Plan To Rank ‘Just’ Companies To Close The Wealth Gap
2015-12-22T19:40:29.958255-05:00https://www.thetrustedinsight.com/investment-news/paul-tudor-jones-plan-to-rank-just-companies-to-close-the-wealth-gap-20151222621/
The hedge fund billionaire Paul Tudor Jones II is working with the self-help star Deepak Chopra to rate how companies treat workers, society and the environment.
Spanish Energy Giant Abengoa's Collapse Predicted By 17-year-old
2015-12-16T16:59:46.395119-05:00https://www.thetrustedinsight.com/investment-news/spanish-energy-giant-abengoas-collapse-predicted-by-17-year-old-20151216243/
Teenager’s economics project noticed flaws in accounting a year before solar and wind power firm tries to avoid becoming Spain’s biggest bankruptcy.
Mining sector defaults likely next year unless radical action taken, ratings agencies warn
2015-12-10T13:41:35.941229-05:00https://www.thetrustedinsight.com/investment-news/mining-sector-defaults-likely-next-year-unless-radical-action-taken-ratings-agencies-warn-20151210845/
There was a moment several months ago when commodities giants including Glencore and Freeport-McMoRan shuttered mines at such a rate that many analysts predicted metal prices were close to bottoming out. Those predictions now look premature.
Argentina’s Next Finance Chief Meets Debt Dispute Mediator
2015-12-10T13:30:39.221234-05:00https://www.thetrustedinsight.com/investment-news/argentinas-next-finance-chief-meets-debt-dispute-mediator-20151210838/
The election of Mauricio Macri in Argentina has raised hopes that a resolution can be reached with the holdout hedge fund creditors.
Goldman cuts BTG Pactual target; shares fall as uncertainty mounts
2015-12-09T09:30:24.498009-05:00https://www.thetrustedinsight.com/investment-news/goldman-cuts-btg-pactual-target-shares-fall-as-uncertainty-mounts-20151209732/
SAO PAULO, Dec 7 (Reuters) - Goldman Sachs Group Inc on Monday cut its share price for Brazilian investment bank Grupo BTG Pactual SA, citing an uncertain outlook for liquidity and funding availability in the wake of the arrest of former controlling shareholder and founder André Esteves.
E&P Sector On The Verge Of A Cataclysmic Default Event?
2015-12-04T16:25:49.732933-05:00https://www.thetrustedinsight.com/investment-news/ep-sector-on-the-verge-of-a-cataclysmic-default-event-20151204560/
The U.S. E&P sector could be on the cusp of massive defaults and bankruptcies so staggering they pose a serious threat to the U.S. economy, according to Paul Merolli, a senior editor and correspondent for Energy Intelligence, an energy sector news and analysis aggregator.
Billionaire Duel Grows as Bharti Seeks $9 Billion Upgrade
2015-11-30T17:27:01.739254-05:00https://www.thetrustedinsight.com/investment-news/billionaire-duel-grows-as-bharti-seeks-9-billion-upgrade-20151130303/
Bharti Airtel Ltd., India’s top wireless carrier, plans 600 billion rupees ($9 billion) of investment to improve voice and data quality as India’s richest man, Mukesh Ambani, prepares to shake up the local industry with a $15 billion fourth-generation service.
Billionaire Sunil Mittal’s Bharti Airtel said the so-called Project Leap would invest the money over three years, adding the outlay is on top of the 1.6 trillion rupees the company has already put into network infrastructure such as spectrum, fiber and submarine cables.
Evergrande Paying $617M to Acquire Chongqing Insurance JV
2015-11-24T17:48:44.604373-05:00https://www.thetrustedinsight.com/investment-news/evergrande-paying-617m-to-acquire-chongqing-insurance-jv-20151124093/
China’s most indebted developer, Evergrande Real Estate Group, has branched out into insurance by acquiring a 50 percent stake in a loss-making Chongqing-based life insurer for RMB 3.9 billion ($617 million).
Anthony Bozza presentation on Universal Insurance Holdings
2015-11-24T11:00:14.387305-05:00https://www.thetrustedinsight.com/investment-news/anthony-bozza-presentation-on-universal-insurance-holdings-20151124012/
Bozza's pitch at the Robin Hood Investors Conference on Tuesday afternoon sent Universal's stock plunging 31%. Lee Ainslie, the founder of Maverick Capital, told attendees it was the best short pitch he had seen in his 25-year career in the hedge fund space. Another person at the conference echoed that sentiment, telling Business Insider it was the best short the person had ever seen. Whitney Tilson, the founder of Kase Capital, was so convinced by the pitch that made Universal Insurance Holdings one of his fund's largest short positions. According to Bozza's presentation, Universal Insurance Holdings is underpricing hurricane risk....
3 Ways Asset Owners Are Preparing for Slower Global Growth in Fixed Income | Sovereign Wealth Fund Institute
2015-11-20T14:54:58.497092-05:00https://www.thetrustedinsight.com/investment-news/3-ways-asset-owners-are-preparing-for-slower-global-growth-in-fixed-income-sovereign-wealth-fund-institute-20151120865/
Some sovereign funds are attracted to U.S. credit spreads given low-expected returns estimated for traditional bond investments. In addition, many pension economists predict a slurry of U.S. corpora...
Hedge Funds Shed Equity Holdings in Q3 S&P Capital IQ® Quarterly Hedge Fund Tracker
2015-11-20T13:30:19.632368-05:00https://www.thetrustedinsight.com/investment-news/hedge-funds-shed-equity-holdings-in-q3-sp-capital-iq-quarterly-hedge-fund-tracker-20151120831/
NEW YORK, Nov. 19, 2015 /PRNewswire/ -- S&P Capital IQ® + SNL Financial, a leading provider of multi-asset class research data and insights, today released its review of Q3 2015 13F filings by pure play hedge funds. The quarterly S&P Capital IQ Hedge Fund Tracker is an aggregate analysis of hedge fund equity ownership that spotlights hedge fund investments in specific stocks and sectors. As a complement to the quarterly report, S&P Capital IQ also produced a Trends & Ideas research note which calls out ETFs that give investors exposure to hedge fund buying and selling trends. The Q3 Hedge Fund...
UrbanClap, India’s Largest Services Marketplace, Fetches $25 Million Series B
2015-11-19T15:18:30.825481-05:00https://www.thetrustedinsight.com/investment-news/urbanclap-indias-largest-services-marketplace-fetches-25-million-series-b-20151119780/
<span style="line-height: 20.8px;">In the next twelve months, UrbanClap’s goal is to grow its categories to 150, increase its providers to 200,000, and service over 100,000 customer requests a day.</span>
Dallas police-fire pension fund hopes to curb losses with new investment approach
2015-11-19T11:32:34.806665-05:00https://www.thetrustedinsight.com/investment-news/dallas-police-fire-pension-fund-hopes-to-curb-losses-with-new-investment-approach-20151119716/
Sell some real estate. Invest in something that will produce cash. Reverse the direction of a pension fund that’s become a drag on the city’s credit rating, while putting retirees’ money at risk....
Large Banks Postpone Debt Sale as Investor Appetite for Riskier Loans Wanes
2015-11-19T09:00:18.931357-05:00https://www.thetrustedinsight.com/investment-news/large-banks-postpone-debt-sale-as-investor-appetite-for-riskier-loans-wanes-20151119701/
Lenders involved in the financing of a large leveraged buyout, including Bank of America Merrill Lynch and Morgan Stanley, have decided to delay selling the debt in the face of investor caution.
Evergrande Buys HK Office Tower From Chinese Estates For $1.61B
2015-11-16T16:46:29.661393-05:00https://www.thetrustedinsight.com/investment-news/evergrande-buys-hk-office-tower-from-chinese-estates-for-161b-20151116522/
China’s Evergrande Real Estate set a new record for acquisition of a Hong Kong office building last week by purchasing the Mass Mutual Tower in Wanchai from Joseph Lau’s Chinese Estates for HK$12.5 billion ($1.61 billion).
India Can Become $10T Economy In Over 2 Decades: Pranab Mukherjee
2015-11-16T12:15:29.941958-05:00https://www.thetrustedinsight.com/investment-news/india-can-become-10t-economy-in-over-2-decades-pranab-mukherjee-20151116481/
New Delhi: Asserting that the Indian economy has shown resilience in the face of challenging global trends, President Pranab Mukherjee today said it has the potential to attain a size of $10 trillion over the next two decades.
Dubai Property Market Diverges As Prices Slump
2015-11-13T13:25:10.647911-05:00https://www.thetrustedinsight.com/investment-news/dubai-property-market-diverges-as-prices-slump-20151113421/
As Dubai real estate heads toward what may be its worst year since the financial crisis, Standard & Poor’s says investors should be prepared for the pain to go on in 2016.
Fitch: Growing Dry Powder Weighs on U.S. Alternative Investment Managers
2015-11-13T12:21:19.099414-05:00https://www.thetrustedinsight.com/investment-news/fitch-growing-dry-powder-weighs-on-us-alternative-investment-managers-20151113412/
Large U.S. alternative investment managers continue to carry high levels of dry powder, according to a new report on the industry from ratings provider Fitch Ratings. The elevated levels of uncalled investment capital come at a time when credit markets are competitive and valuations remain high. Dry powder for the firms in Fitch's review totaled $254.4 billion as of Sept. 30, 2015, representing a 35.2% increase from a year earlier, the company noted. However, private equity firms are continuing to take advantage of market valuations by exiting investments for strong returns, Fitch observed. Income from exits has doubled for the...
This Is Where Hedge Funds, Mutual Funds, and Sell-Side Analysts Are Agreed
2015-11-12T16:30:16.931152-05:00https://www.thetrustedinsight.com/investment-news/this-is-where-hedge-funds-mutual-funds-and-sell-side-analysts-are-agreed-20151112341/
Investors seeking (or trying to avoid) the wisdom of crowds need look no further than the latest from Credit Suisse. A team led by U.S. Equity Strategist Lori Calvasina analyzed the current recommendations of sell-side analysts plus the positioning of buy-side mutual funds and hedge funds to try to answer the question: What does everybody love (and hate)? Credit Suisse says that finding consensus across these three disparate financial players can be difficult, but...
Energy Default Alarms Get Louder as Pain Seen Lasting Into 2016
2015-11-11T17:32:47.618149-05:00https://www.thetrustedinsight.com/investment-news/energy-default-alarms-get-louder-as-pain-seen-lasting-into-2016-20151111290/
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Eleven months of depressed oil prices are threatening to topple more companies in the energy industry. Four firms owing a combined $4.8 billion warned this week that they may be at the brink, with Penn Virginia Corp., Paragon Offshore Plc, Magnum Hunter Resources Corp. and Emerald Oil Inc. saying their auditors have expressed doubts that they can continue as going concerns. Falling oil prices are squeezing access to credit, they said....
Large Inflow of Money Witnessed in The Blackstone Group L.P.
2015-11-09T14:40:01.062027-05:00https://www.thetrustedinsight.com/investment-news/large-inflow-of-money-witnessed-in-the-blackstone-group-lp-1-20151109099/
The Blackstone Group L.P. (NYSE:BX) traded with a cut of -0.19 points or -0.57% at $33.33 per share. As per the last available information, the stock aggregated $3.8 million in upticks and $1.32 million in downticks, keeping the net money flow capped at $2.48 million. The up/down ratio was found to be 2.89. For the week, the shares have seen a change of 0.81% in the share price.A block trade of $2.48 million in upticks and $0 million in downticks also took place during the day. The up/down ratio for the block stood at 0. The net money flow for...
Long Lives and Rocky Markets Have Some Pension Systems Recalibrating
2015-11-05T11:45:42.850905-05:00https://www.thetrustedinsight.com/investment-news/long-lives-and-rocky-markets-have-some-pension-systems-recalibrating-20151105832/
For decades, state and local pension systems thought of themselves as America’s ultimate long-term investors....
Fitch: EU, U.S. firms hurt by energy downturn
2015-11-04T16:31:00.314577-05:00https://www.thetrustedinsight.com/investment-news/fitch-eu-us-firms-hurt-by-energy-downturn-20151104817/
Fitch Ratings agency said the low price of crude oil and natural gas is damaging the economics for players in the U.S. and European markets.
French Billionaire Takes 5% Stake in Warburg Pincus
2015-11-02T18:05:02.324332-05:00https://www.thetrustedinsight.com/investment-news/french-billionaire-takes-5-stake-in-warburg-pincus-the-new-york-times-20151102668/
The holding company of the family of the French billionaire Marc Ladreit de Lacharrière has acquired a 5 percent passive stake in Warburg Pincus, where Mr. Ladreit de Lacharrière will act as a senior...
‘One Belt’ Infrastructure Investments Seen As Helping To Use Up Some Industrial Over-Capacity
2015-11-02T12:05:18.082648-05:00https://www.thetrustedinsight.com/investment-news/one-belt-infrastructure-investments-seen-as-helping-to-use-up-some-industrial-over-capacity-20151102607/
China’s “One-Belt, One-Road” strategy may win its construction and engineering firms many billions of US dollar worth of contracts for decades to come and create demand for building materials, but it will not be the panacea for the decade-long chronic over-capacity proble
Pershing Square Cracks HSBC's Bottom 20 Ranking
2015-11-02T11:09:10.088149-05:00https://www.thetrustedinsight.com/investment-news/pershing-square-cracks-hsbcs-bottom-20-ranking-20151102592/
Bill Ackman’s Pershing Square hedge fund made an inauspicious appearance on an HSBC weekly hedge fund list in a ratings and performance reporting issue out today. Pershing Square cracked the bottom 20 worst performing list – and answers or questions that were or were not asked during Valeant Pharma due diligence might be at fault. Pershing Square has never finished a year at the bottom of the HSBC performance ranking. For the hedge fund activist that in 2014 finished 8th on the list of best yearly performers, then delivering his best annual return in history, up 37.24 percent net to...
French Billionaire Takes 5% Stake in Warburg Pincus
2015-10-29T16:40:19.638993-04:00https://www.thetrustedinsight.com/investment-news/french-billionaire-takes-5-stake-in-warburg-pincus-20151029502/
Marc Ladreit de Lacharrière will also act as a senior strategic partner, the private equity firm said.
Chicago tax increase spurs bond rally as pension debts lingers
2015-10-29T11:02:49.070635-04:00https://www.thetrustedinsight.com/investment-news/chicago-tax-increase-spurs-bond-rally-as-pension-debts-lingers-20151029459/
CHICAGO - Mayor Rahm Emanuel pushed through the biggest property-tax increase in the city's history to help pay its annual pension-fund bills. Eliminating the $20 billion debt to retirees that's push...
Carlyle Group and Vinci Partners Buy Brazilian Education Business
2015-10-27T14:33:58.429900-04:00https://www.thetrustedinsight.com/investment-news/carlyle-group-and-vinci-partners-buy-brazilian-education-business-20151027363/
Kroton Educacional has agreed to sell its learning unit Uniasselvi to the Carlyle Group and the Brazilian investment firm Vinci Partners for $284.6 million.
Illinois Budget Mess Spurs Biggest Pension Fund Withdrawal Ever
2015-10-27T11:51:25.082307-04:00https://www.thetrustedinsight.com/investment-news/illinois-budget-mess-spurs-biggest-pension-fund-withdrawal-ever-20151027356/
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world....
4 Predictions For Venture Capital In 2016
2015-10-21T17:54:37.527563-04:00https://www.thetrustedinsight.com/investment-news/4-predictions-for-venture-capital-in-2016-20151021106/
Will this finally be the year that the tech bubble bursts?
Forces Shaping The Future Of Coal In The United States
2015-10-21T10:50:34.381442-04:00https://www.thetrustedinsight.com/investment-news/forces-shaping-the-future-of-coal-in-the-united-states-20151021036/
Coal-fired plants have been the backbone of US power generation for more than a century, and they still account for nearly 40 percent of power generation in the country. But coal's dominance in the United States is waning.
Chinese Energy Giants' Overseas Buyouts Back In The Pipeline
2015-10-19T10:45:38.594801-04:00https://www.thetrustedinsight.com/investment-news/chinese-energy-giants-overseas-buyouts-back-in-the-pipeline-20151019824/
Overseas acquisitions by state-backed oil and gas giants are expected to pick up soon from a multiyear low blamed on a continuing corruption crackdown and a sharp fall in oil prices that have weakened their financial positions, according to analysts and deal advisers.
Singapore Post: Bullish with 2 US acquisitions in a week
2015-10-16T15:58:09.103016-04:00https://www.thetrustedinsight.com/investment-news/singapore-post-bullish-with-2-us-acquisitions-in-a-week-20151016788/
A SingPost wholly owned subsidiary, TG Acquisition Corp., is buying the TradeGlobal shares from Bregal Sagemount, a U.S. private-equity fund, in a transaction due for completion in the coming months. TradeGlobal provides e-commerce operation services, including website building, supply chain management and fulfillment services, to various global companies. It has over 60 clients, including luxury fashion brands such as MCM, Versace and Tory Burch, as well as well-known cosmetics brands like Shiseido. TradeGlobal's client mix complements that of Jagged Peak, a U.S. company in which SingPost earlier announced it was taking a 71.1% stake for $15.8 million....
Venture Capital And The Internet's Impact
2015-10-14T16:29:43.008249-04:00https://www.thetrustedinsight.com/investment-news/venture-capital-and-the-internets-impact-20151014638/
Much has been written of the difficulty in building “another Silicon Valley.” To be sure, many countries and regions have tried, seeking to assemble the perfect mix of willing investors, eager entrepreneurs, and ready-made markets that will produce the sort of self-perpetuating ecosystem that will lift the region, country, nay, the world to a new level of prosperity and modernity.
PIMCO Fees Under Scrutiny Following Gross Lawsuit
2015-10-13T16:42:26.610387-04:00https://www.thetrustedinsight.com/investment-news/pimco-fees-under-scrutiny-following-gross-lawsuit-20151013533/
Morningstar says it will look into Bill Gross’ complaint that PIMCO has been “deliberately obfuscating the allocation of some fees.”
Fortress Investment (FIG) Stock Falls After Closing Macro Hedge Fund
2015-10-13T15:15:30.141024-04:00https://www.thetrustedinsight.com/investment-news/fortress-investment-fig-stock-falls-after-closing-macro-hedge-fund-20151013513/
Click to view a price quote on FIG. Click to research the Financial Services industry.
Copperline Raises $85M In Israeli Bond Deal
2015-10-13T15:13:16.808647-04:00https://www.thetrustedinsight.com/investment-news/copperline-raises-85m-in-israeli-bond-deal-20151013509/
New York- and Florida-based residential developer Copperline Partners raised $85 million through a bond offering on the Tel Aviv Stock Exchange on Monday, in a boost for U.S. real estate firms looking to the Israeli bond market as a source of capital.
New York City's Pensions Gain 3.15%, Falling Short of Targets
2015-10-13T12:50:05.111068-04:00https://www.thetrustedinsight.com/investment-news/new-york-citys-pensions-gain-315-falling-short-of-targets-bloomberg-business-20151013472/
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world....
EzCater Raises $28M Series C Finanacing
2015-10-07T10:46:00.802945-04:00https://www.thetrustedinsight.com/investment-news/ezcater-raises-28m-series-c-finanacing-20151007181/
ezCater, the only nationwide marketplace for business catering, today announced that it has closed a $28 million Series C round of venture funding.