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Hedge Funds Make (Slow) Progress Towards Gender Equality
Stockholm (HedgeNordic) – According to a recent international analysis by DHR international, the global executive search firm, women now represent 12% (1 in 8) of partners at hedge funds, private equity firms and other investment partnerships, up from 10% the two previous years. The data, provided by the Financial Conduct Authority, shows that out of 3,509 partners at regulated firms in 2015, 405 were female. According to DHR, this means hedge funds and private equity houses are outperforming the financial ... Full investment news article
Icahn Extends Offer To Gain Total Control Over Federal-Mogul
Dustin Walsh - Billionaire investor Carl Icahn is extending his offer to gain total control over Southfield-based Federal-Mogul Holdings Corp. as competition to control the supplier heats up. Icahn, through a subsidiary of his firm Icahn Enterprises LP, entered into a definitive agreement in September with Federal-Mogul to acquire the remaining shares the firm does not own —approximately 18 percent. Icahn offered to pay $9.25 per share in an all-cash deal, which represents 86 percent higher than the Full investment news article