Friday, 19 September 2014
Last updated 10 hours ago
Dec 13 2010 | 3:37am ET
The Carlyle Group may well move forward with an initial public offering in 2012, but it will do so without the executive brought on to spearhead it.
Peter Nachtwey, the private equity giant’s chief financial officer, is leaving the firm “to pursue a great new opportunity for him, which we understand will be announced soon,” Carlyle spokesman Christopher Ullman said.
Glenn Youngkin will take over as interim CFO.
Nachtwey joined Carlyle in 2007 from Deloitte & Touche as the firm first mulled going public. The $100 billion firm has considered—and shelved—plans for an IPO since the summer of that year, when the Blackstone Group first listed. Nachtwey worked on the Blackstone deal at Deloitte.
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.