CVC seeks up to 20 billion euros for new buyout fund

CVC seeks up to 20 billion euros for new buyout fund

CVC Capital Partners Ltd is looking to raise up to 20 billion euros ($22 billion) for its latest flagship buyout fund, in what would be the private equity firm’s biggest pool of capital amassed to date, people familiar with the matter said on Monday. The fund, CVC...
David Harding’s Winton Hedge Fund Slumps 9% Amid Market Sell-Off

David Harding’s Winton Hedge Fund Slumps 9% Amid Market Sell-Off

David Harding’s Winton Fund lost nearly 9% last week amid a coronavirus-fueled sell-off that rocked global markets.  The $7.6 billion multi-strategy fund, which uses computer-driven models to trade across asset classes, ended February down 5.7%, according to a letter...
Blackstone’s Top Three Get $803 Million Pay, Dividends in 2019

Blackstone’s Top Three Get $803 Million Pay, Dividends in 2019

Blackstone Group Inc. co-founder Steve Schwarzman and his top two executives collected a combined $802.6 million in compensation and dividends last year. Schwarzman’s haul consisted of $452 million in dividends and around $53.5 million in carried interest, the New...
Morgan Stanley Not Done With Acquisitions Post E*Trade, CFO Says

Morgan Stanley Not Done With Acquisitions Post E*Trade, CFO Says

Morgan Stanley isn’t ruling out more deals after its biggest acquisition in a decade. The bank will still look for smaller purchases that could build up its asset-management unit, Chief Financial Officer Jon Pruzan said at an investor conference Thursday....