Paras Shah was one of the highest-profile traders in Europe’s junk bond market Citigroup has suspended one of its most senior bond traders in London after the US investment bank accused him of stealing food from the office canteen. Paras Shah abruptly left his post...
KKR, a leading global investment firm, and Altavair AirFinance (“Altavair”), a leader in commercial aviation finance, announced today the signing of a definitive agreement to acquire a portfolio of commercial aircraft from Etihad Airways (“Etihad”), the national...
Move raises prospect of rising fee pressure in most profitable arm of investment world Vanguard is moving into private equity, reflecting strong demand for the asset class and raising the possibility of rising fee pressure in the most profitable sector of the global...
How to parse skill from luck in the top (and bottom) quartiles. Past performance of private equity and venture capital managers can give investors a strong sign of how they’ll do in the future. But new research from alternatives firm Pantheon finds that future...
Top executives at Swedish private equity firm EQT AB’s credit unit are considering a management buyout of the business, according to people with knowledge of the matter. Senior management of the division have reached out to potential financial backers to gauge their... 