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businessinsider.com.au August 12, 2018

This Trend Could Give Rise To Further Demand For The Us Dollar

The US dollar is still in strong demand from currency speculators. Net long positioning, hedge funds and other leveraged investors are at the highest level since November 2015. More »
Read by 57% of LPs

uk.reuters.com 6 hours, 52 minutes ago

Musk Says Silver Lake, Goldman Advising On Taking Tesla Private

Tesla Inc Chief Executive Elon Musk on Monday tweeted that he would work with buyout firm Silver Lake and investment bank Goldman Sachs as financial advisers on a proposal to take private the electric car maker.
Read by 51% of LPs

firstpost.com 7 hours, 52 minutes ago

Musk Talking To Saudi Fund, Others As He Seeks Tesla Buyout Financing

By Supantha Mukherjee (Reuters) - Elon Musk on Monday explained what he meant by tweeting "funding secured" to take Tesla Inc private: he is confident a deal can be done but has not yet finalised a plan. What exactly Musk had intended by saying "secured" has emerged as a potential legal and regulatory minefield for the Silicon Valley billionaire after his unorthodox disclosure on Twitter last Tuesday that he was looking into taking Tesla out of the public markets for $420 a share The post Musk talking to Saudi fund, others as he seeks Tesla buyout financing appeared first on Firstpost.
Read by 74% of LPs

reuters.com 8 hours, 52 minutes ago

Musk Talking To Saudi Fund, Others As He Seeks Tesla Buyout Financing

Elon Musk on Monday explained what he meant by tweeting "funding secured" to take Tesla Inc private: he is confident a deal can be done but has not yet finalized a plan.
Read by 61% of LPs

businessinsider.com 9 hours, 22 minutes ago

What Is The Koch Brothers' Net Worth? See How They Spend Their Wealth

The Koch brothers are two of the richest men in the world. Charles and David Koch each have a net worth of $53.7 billion, according to Forbes. Their fortunes come from their 42% stakes in the Koch family business: Koch Industries. Charles is currently the company's president and CEO, while David just announced that he was retiring from the firm. The Koch brothers are two of the richest people on planet earth. Charles and David Koch tied for eighth on Forbes' 2018 list of the wealthiest billionaires in the world.
Read by 31% of LPs

businessinsider.com 9 hours, 22 minutes ago

Funding Not Secured: Musk's Explanations About Taking Tesla Private Does Not Work

In a blog post, Elon Musk attempted to explain why he said last week that he had "funding secured" for a deal to take Tesla private. His explanation doesn't hold water for anyone who understands finance, sovereign wealth funds, or the passage of time. Elon Musk has written a blog post explaining why he said last week on Twitter that he might take Tesla private at $420 a share. "Funding secured," he declared in the tweet. But after reading Musk's new post, the only conclusion to be drawn is that funding was, in fact, not secured.
Read by 35% of LPs

uk.reuters.com 11 hours, 22 minutes ago

Musk Talking To Saudi Fund, Others As He Seeks Tesla Buyout Financing

Elon Musk on Monday explained what he meant by tweeting "funding secured" to take Tesla Inc private: he is confident a deal can be done but has not yet finalized a plan.
Read by 63% of LPs

reuters.com 12 hours, 22 minutes ago

Musk Talking To Saudi Fund, Others As He Seeks Tesla Buyout Financing

Tesla Inc Chief Executive Elon Musk said on Monday a July 31 meeting with Saudi Arabia's sovereign wealth fund convinced him he could secure funding to take the electric car-maker private, but that he was still talking to the fund and other investors as he seeks to nail down financing.
Read by 54% of LPs

in.reuters.com 12 hours, 52 minutes ago

Musk Talking To Saudi Fund, Others As He Seeks Tesla Buyout Financing

Tesla Inc Chief Executive Elon Musk said on Monday a July 31 meeting with Saudi Arabia's sovereign wealth fund convinced him he could secure funding to take the electric car-maker private, but that he was still talking to the fund and other investors as he seeks to nail down financing.
Read by 57% of LPs

calpers.ca.gov 12 hours, 52 minutes ago

Exploring A New Private Equity Model

For more than a year, CalPERS has undergone thoughtful research and analysis of new approaches to the private equity portfolio. Private equity has been CalPERS' highest returning asset class over the past 20 years, including a 16.1 percent return in fiscal year 2017-18. We believe we can increase returns even more by implementing innovative approaches to this important asset class. A direct model allows CalPERS to better source and take advantage of investment opportunities in private equity. As the Fund grows, this model helps CalPERS maintain the target of investing about 10% of the total portfolio in private equity.
Read by 48% of LPs

reuters.com 13 hours, 22 minutes ago

Musk Talking To Saudi Fund, Others As He Seeks Tesla Buyout Financing

Tesla Inc Chief Executive Elon Musk said on Monday a July 31 meeting with Saudi Arabia's sovereign wealth fund convinced him he could secure funding to take the electric car-maker private, but that he was still talking to the fund and other investors as he seeks to nail down financing.
Read by 42% of LPs