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fortune.com 4hours ago

A Ceo Abruptly Resigned From A Board After Leaked Emails Reportedly Showed Inappropriate Influence

Gabrielle “Ellie” Rubenstein, a daughter of Carlyle Group Inc. co-founder David Rubenstein, resigned her vice chair role. : Gabrielle “Ellie” Rubenstein, a daughter of Carlyle Group Inc. co-founder David Rubenstein, resigned from the board of Alaska’s sovereign wealth fund following allegations that she improperly interfered with investment decisions. Her departure from the Alaska Permanent Fund, where she was vice chair, takes effect Aug. 1, she announced at its board meeting Wednesday, surprising some of the trustees.
Read by 37% of LPs

seekingalpha.com 9hours ago

Franklin Resources, Inc. (ben) Q3 2024 Earnings Call Transcript

Read by 55% of LPs

nypost.com 11hours ago

David Rubenstein's Daughter Quits Alaska Fund Over Cronyism Claims

David Rubenstein is the billionaire co-founder of the Carlyle Group investment firm who recently purchased the Baltimore Orioles baseball team.
Read by 80% of LPs

seekingalpha.com July 24, 2024

Iberdrola, S.a. (ibdsf) Q2 2024 Earnings Call Transcript

Ignacio Arambarri - Director, Investor Relations Ignacio Galán - Executive Chairman Pepe Sainz - Chief Financial Officer Alberto Gandolfi - Goldman Sachs Rob Pulleyn - Morgan Stanley Meike Becker - HSBC Fernando Garcia - Royal Bank of Canada Fernando LaFuente - Alantra Manuel Palomo - BNP Paribas Pedro Alves - CaixaBank Gonzalo Sanchez-Bordona - UBS Jorge Guimaraes - JB Capital Markets Javier Garrido - JPMorgan Jorge Alonso - Berstein Jose Javier Ruiz - Barclays Ahmed Farman - Jefferies Marc Ip Tat Kuen - Berenberg Good morning, ladies and gentlemen.
Read by 51% of LPs

yourstory.com July 23, 2024

Byju’s Challenges Nclt’s Insolvency Order At Nclat

The NCLAT Bench has agreed to list the matter for hearing on July 29.: Embattled edtech firm BYJU’S has moved the National Company Law Appellate Tribunal (NCLAT) in Chennai, challenging a National Company Law Tribunal (NCLT) order that admitted a BCCI plea to start a corporate insolvency resolution process for its parent company, Think and Learn Private Limited. Senior Advocate Promod Nair of MZM Legal, representing Think and Learn before the NCLAT, urged for an expedited hearing, emphasising the need to pay salaries to thousands of employees, Bar and Bench reported.
Read by 37% of LPs

straitstimes.com July 23, 2024

Gic Sees Inflation And Geopolitical Tensions Weighing On Investments, Highlights Ai Potential | The Straits Times

The sovereign wealth fund said despite recent macroeconomic resilience, risks remain to the investment outlook. : SINGAPORE - Stubborn inflation, heightened geopolitical tensions and China’s tepid economy have weighed on the global investment landscape, dampening medium-term return prospects and making the risk-reward ratio less favourable, said sovereign wealth fund GIC. But artificial intelligence (AI) could emerge as a bright spot, with faster adoption of the technology potentially driving productivity through areas like automation, predictive analytics and improved decision-making, it noted in its annual report on July 24.
Read by 44% of LPs

rigzone.com July 23, 2024

Bmi Analysts Look At Malaysia's Role In Global Lng Trading

'Malaysia is seeking to expand its footprint in the global LNG business', BMI analysts said. : Malaysia’s role in global LNG trading is poised for growth as Petronas expands investments in overseas LNG projects, analysts at BMI, a unit of Fitch Solutions, said in a report sent to Rigzone by Fitch Group. “Driven by a long-term global demand growth outlook, Malaysia is seeking to expand its footprint in the global LNG business,” the analysts said in the report.
Read by 64% of LPs

livemint.com July 23, 2024

Now, Qatar Wealth Fund Goes After Byju Raveendran's Personal Assets | Company Business News

Qatar is the latest investor to move against Raveendran. Last week, an NCLT court admitted an insolvency petition against Byju's.
Read by 42% of LPs

inc42.com July 23, 2024

Qia Moves Karnataka Hc To Compel Byju Raveendran To Disclose His Assets

Qatar Investment Authority, the sovereign wealth fund of the Middle Eastern nation, has approached the Karnataka High Court to compel…
Read by 53% of LPs

businessinsider.com July 21, 2024

Death Of Hedge Fund Stars: Wall Street, Stock Market Titans Are Gone

Big-name hedge fund managers used to rule the stock market like gods. Now their days of domination are over. : A few times a year in locations around the world — Las Vegas, New York City, Singapore — thousands of money managers and their juniors would gather in an over-air-conditioned ballroom, make polite conversation over stale coffee, and sit through boring lectures about portfolio construction or talent acquisition or some no-name undervalued asset. Then a superstar hedge-fund manager would take the stage, and the vibe would shift.
Read by 69% of LPs