Wednesday, 22 October 2014
Last updated 9 min ago
Jan 25 2012 | 1:32pm ET
As it prepares for its initial public offering, one of the world's largest private equity firms is boosting its non-buyout executive ranks.
The Carlyle Group announced its annual promotions to managing director and director. Forty-one people got the nod—but only 10 of them work in the $148 billion firm's buyout division. The rest work in real estate, mezzanine funds and investor relations, among other business areas.
Carlyle has about 1,200 employees and plans to hire more after its IPO.
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…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...