Wednesday, 1 October 2014
Last updated 3 min ago
Jul 8 2011 | 1:12pm ET
The Carlyle Group is in talks with fellow private equity firm Energy Capital Partners about acquiring the Short Hills, N.J.-based firm.
Negotiations between the two firms began about three months ago. It is not clear if a deal is imminent and the talks could still break down, according to published reports.
Energy Capital focuses on energy infrastructure assets, and last year raised $4.34 billion for its second fund. The firm, which also has an office in San Diego, has raised a total of about $7 billion since its founding in 2005 by Goldman Sachs veteran Douglas Kimmelman.
Carlyle is expected to go public later this year and has been aggressively pursuing acquisitions. News of the Carlyle-Energy Capital talks was first reported by The New York Times.
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...