Tuesday, 30 September 2014
Last updated 2 hours ago
Jun 21 2007 | 9:33am ET
Global private equity firm The Carlyle Group today has established a new financial institutions group that will make investments in the global financial services sectors, including banking and insurance.
Edward “Ned” Kelly III, former chairman of Mercantile Bankshares Corp., and David Zwiener, former president of The Hartford Financial Services Group’s property and casualty operations, have been named managing directors and will lead the new Carlyle team. Kelly and Zwiener will be based in Washington, DC and New York, respectively and will begin their duties this summer.
David Rubenstein, Carlyle’s co-founder said, “The global growth in demand for financial products and services combined with our ability to attract accomplished professionals makes this an opportune time to start this new investment practice. We expect that Ned and David will leverage Carlyle’s global platform to quickly establish us as serious investors in the financial services space.”
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...