Billionaire HF Manager Paul Singer Slams Banker Compensation
Billionaire hedge fund manager Paul Singer — the CEO of $25 billion Elliott Management — defended the hedge fund compensation structure, suggesting that bankers are the ones investors should be upset...
Will Devastating Decline of Oil Prices Cause More Bankruptcies?
The annual World Economic Forum opened today in Davos, Switzerland, with discussions around the theme “The New Global Context”. Now Dialogue focuses on Davos and the economic issues worldwide. How should we view the development of the shale gas revolution following the continuous decline of oil prices?
Warren Buffett On Why Financial Risk Management And Investments Fail
Warren Buffet talks about real estate investments.
Prudential Fund Buys New River Center for $108M
A real estate investment fund linked to Prudential Financial Inc. paid a staggering $108 million for Fort Lauderdale's New River Center in a joint venture with Stiles Corp...
CFO Moves: Simon Property Group, Allied Properties Real Estate Investment Trust, Carlyle Group, Zoosk - The CFO Report
Despite electoral change in Washington, CFOs remain skeptical about prospects for an improved legislative outlook, according to a poll of large company finance chiefs attending Deloitte's 18th annual...
17-Year-Old Admits He Lied To NY Mag About Making $72M
New York City, where high school seniors can go from budding hedge fund stars to financial fabulists in less than 24-hours....
WeWork Raises $355M at Nearly $5B Valuation
This is only the company’s second funding round. The previous funding, an angel round in January 2012, raised $6.85 million. WeWork was started in 2010....
China eyes tighter economic and trade ties with Australia amid G20
China has promised to pour efforts into broadening fields of cooperation with Australia, including mining, agriculture and finance amid this year’s G20 summit, one of the marquee international economic and financial gatherings.
Goldman Sachs Sells $285M in Hedge Fund Holdings
The Volcker Rule, part of the 2010 Dodd-Frank financial overhaul, bars banks from several types of investing and trading with their own money, the sort of work that has long been a big profit maker f...
Alibaba Co-Founder to Back HF of Ex-SAC Trader
Institutions and wealthy individuals are helping managers build up a business large enough to attract additional money from pensions, endowments, insurers and foundations. The capital commitment will...