Midas Management Trimmed Its Diamond Hill Investment Group (dhil) Holding As Valuation Declined; Gates Capital Management Stake In Kar Auction Svcs (kar) Was Boosted | The Investreporter
Gates Capital Management Inc increased its stake in Kar Auction Svcs Inc (KAR) by 73.9% based on its latest 2019Q1 regulatory filing with the SEC. Gates Capital Management Inc bought 1.27M shares as the company’s stock rose 0.93% with the market. The hedge fund held 2.98 million shares of the consumer durables company at the end of 2019Q1, valued at $152.75M, up from 1.71M at the end of the previous reported quarter.
Pe Major Carlyle Officially Files To Raise New Japan-focused Buyout Fund
The firm did not specify hard cap for the new fund but earlier reports said it is seeking about $1.8 billion for the new vehicle. The post PE major Carlyle officially files to raise new Japan-focused buyout fund appeared first on DealStreetAsia.
Ramping Up A Pe Allocation Over Time | Allaboutalpha: Alternative Investing Trends And Analysis | A Finance Blog About Private Equity, Commodities, And Other Alternative Asset Classes.
Many investors with long horizons are increasing their allocation to private equity funds: to extract the gains from managerial skill in that field, to reap the illiquidity premium, and simply to diversify. TIAA Endowment & Philanthropic Services has put out a paper on the creation and maintenance of a privateRead More.
Funds Managing $2T Urge Cement Makers To Act On Climate Impact
European funds managing $2 trillion (1.6 trillion pounds) in assets called on cement companies to slash their greenhouse gas emissions on Monday, warning that a failure to do so could put their business models at risk.
Metro Bank In Talks To Sell PS500M Of Loans Back To Us Hedge Fund - Cityam : Cityam
Struggling lender Metro Bank is set to sell PS500m of mortgages back to US hedge fund Cerberus in a bid [...] The post Metro Bank in talks to sell PS500m of loans back to US hedge fund appeared first on CityAM.
Top Business Stories This Week: Wall Street, Google, Healthcare
Hello! Wall Street's tech transformation continues. Our finance team had a number of stories on these efforts this week, each in their own way showing the ways in which tech is impacting competition. For some, investments in tech are helping drive additional revenue. Goldman Sachs for example for a long time struggled to win business with quant hedge funds, which require the most up-to-date technology for their trading. CEO David Solomon told us last month that "the picture is very different" now. That progress showed up on Tuesday when the bank reported better than expected equities trading results.
'cov-lite' Leveraged Loans Reach 95% In Some Markets
In Europe, 95% of all leveraged loans are now "cov-lite," meaning that companies have made few or zero promises to investors about how they get their money back. Globally, it's over 80%. "It's deeply concerning to me when you see the covenant erosion taking place here," J.P. Morgan's Michael Cembalest told Business Insider. "The leveraged loan market is one of those markets that is highly liquid when everyone wants them but really illiquid when no one wants them," Cembalest said. "In bad markets liquidity goes down." Read more Business Insider Prime stories here.
Investor Peter Neupert Shadowed Jeff Bezos And Worked For Bill Gates
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups. : Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups. Regional stability, oil prices and potential for war will all depend on what Iran does with its nuclear program in the event of the deal's termination. Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.
Raise Venture Capital With A Perfect Pitch Deck: Tips From Carta Ceo
Raising venture capital is easier with a perfect pitch deck. On a recent webinar, Carta CEO Henry Ward walked us through his series A and series E decks, which have helped him raise $448 million and reach a $1.7 billion valuation. Ward shared some important lessons he learned during the fundraising process, including the importance of including a 'domino chart' and having 'message-market fit.' Click here for more BI Prime stories. Carta was conceived over lunch at a Thai restaurant. CEO Henry Ward was there with Manu Kumar, an investor at the venture-capital firm K9 Ventures.
He Built A $1B Business Where All 700 Employees Work Remotely
Sid Sijbrandij knows a thing or two about building, scaling and even walking away from companies. His current venture is on its way to $500 million in revenue and is valued at over $1 billion.
Why In The World Is Andreesen Horowitz Investing In Newsletters?...and Other Small Business Tech News This Week
Here are five things in technology that happened last week that affect your small business. Did you miss them? : SAN FRANCISCO, CA - NOVEMBER 03: Andreesen Horowitz partner Marc Andreesen speaks during the Fortune Global Forum on November 3, 2015 in San Francisco, California. Business leaders are attending the Fortune Global Forum that runs through November 4. Here are five things in technology that happened this past week and how they affect your business. Did you miss them?