Monday, 22 September 2014
Last updated 4 hours ago
Feb 20 2007 | 9:11am ET
Bear Stearns has remade its private equity and real estate fund placement business with the acquisition today of Crane Capital Associates. Crane’s fund placement business is to be integrated into Bear’s new private fund group, headed by Crane’s Leo van den Thillart in London and Paul Sanabria, a senior managing director at Bear Stearns Asset Management, in New York.
“Crane Capital’s significant presence outside the United States will greatly enhance Bear Stearns’ global platform and build on its capabilities in the private placement sector,” BSAM CEO Richard Marin said. In addition to London and New York, Crane’s more than 20 members work out of offices in San Francisco, Toronto, Oslo, Munich, Melbourne and Tokyo.
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.