Tuesday, 30 September 2014
Last updated 4 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.
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...