PointState Capital, the macro hedge fund started by former traders for billionaire Stan Druckenmiller, is blocking investors who ask to pull their money out from getting their cash back in full. Clients who withdrew their investments at the end of last year will get...
Goldman Sachs has unseated rival JPMorgan Chase to become the lead adviser in the financial services sector, according to new research. The U.S. investment bank climbed four places in the league tables compiled by GlobalData, which tracks M&A, private equity,...
Omers’ Mark Redman explains how the fund aims to allocate more to private equity using a ‘cuddly capital’ approach The head of buyouts at one of Canada’s largest pension plans says the amount of cash it plans to invest in private equity will double...
Vanguard Group CEO Mortimer J. “Tim” Buckley told investor clients that any expansion within alternatives for the firm, including in private equity, will depend on whether new products can pass a number of “basic tests,” before coming to...
Traditionally, founders taking their companies public have long been considered the brass ring of success. The concept is so pervasive that Hollywood moviemakers have glamorized the IPO process to the point of absurdity: charismatic big-money types jostling for... 