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Federal Reserve Official Jumps To Cannabis Private Equity Firm
The growing pot industry just gained a useful advocate: a Federal Reserve bank official. On Tuesday, the legal cannabis-focused private equity firm, Privateer Holdings, announced the appointmentof Dante Tosetti, a former examiner at the San Francisco Federal Reserve, to be their director of Treasury compliance. Full investment news article
Brookfield Eyes Blackstone Status With Private Equity Push
Bruce Flatt, chief executive officer of Brookfield Asset Management Inc., is putting Blackstone Group, Carlyle Group, KKR & Co., and others on notice that his Toronto– based firm is about to make a major push into private equity. Flatt says his buyout firm will earn comparisons to the largest of Wall Street’s alternative-asset managers. “If you don’t mention it today, you should,” Flatt said in an interview at his New York office with Bloomberg Television’s Erik Schatzker. Full investment news article