Thursday, 28 August 2014
Last updated 5 hours ago
Dec 17 2010 | 9:38am ET
An Abu Dhabi sovereign wealth fund is upping its stake in private equity giant the Carlyle Group.
Mubadala Development Co. yesterday announced a $500 million investment in Carlyle. Washington, D.C.-based Carlyle will use the money "to expand product lines and offerings to Carlyle's investors," while Mubadala will receive an unspecified amount of added equity and convertible bonds.
Carlyle is widely expected to go public in 2012.
Mubadala more than three years ago bought a 7.5% stake in the p.e. firm for about $1.3 billion. The firm last month agreed to invest $100 million in Russian hedge fund Verno Capital.
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 ...