Tuesday, 2 September 2014
Last updated 2 hours ago
May 11 2010 | 1:31pm ET
Private equity giant KKR & Co. plans to sell up to $500 million in new shares when it moves its listing to the New York Stock Exchange last this year.
The New York-based firm said it will use the money raised on acquisitions and to cover unfunded capital commitments to its funds, which stand at about $1.27 billion, it said in a regulatory filing yesterday. None of the firm’s principals will take part in the share sale, KKR said in the registration statement.
The $52.2 billion firm went public last year by merging with its Amsterdam-listed p.e. fund. KKR announced in March that it would move forward with plans to re-list itself in New York this year.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...