Wednesday, 1 October 2014
Last updated 52 min ago
Feb 28 2007 | 11:57am ET
Word on the street at the Super Return private equity conference in Frankfurt, Germany, is that the Blackstone Group is in talks to buy Jupiter Asset Management from Commerzbank. Sources close to the discussion told The Times of London that a decision to go forward with the deal, which could value Jupiter at as much as £1 billion, is not expected for several weeks, and that Commerzbank has also discussed a sale with several other p.e. firms, including Candover.
Last year, Commerzbank weighed whether to float the asset manager on the London Stock Exchange, an option that remains on the table.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...