Monday, 22 September 2014
Last updated 2 days ago
Jan 13 2006 | 8:36pm ET
Palm Beach Capital Partners is aiming to raise $150 million for its second private equity fund, Palm Beach Capital Partners II.
Adam Klein, a partner at the Florida-based firm, said the new fund will have a similar style and philosophy to the firm's first fund, which invests in private companies with market values between $5 million to $10 million, and focuses on companies located in Southern Florida, though it does not rule-out other high-growth locals.
The firm's first fund closed to new investors in 2003, and is now fully invested. Klein declined to elaborate on the second fund as it is still in its initial offering stage.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.