Monday, 1 September 2014
Last updated 3 days ago
Feb 1 2012 | 2:34am ET
What's a guy got to do to get some Congressional thanks? More than give a New York theater company $25 million, apparently.
At yesterday's grand opening of the Pershing Square Signature Theatre on 42nd Street, Rep. Jerry Nadler (D-N.Y.), whose district encompasses the Frank Gehry-designed theater complex, made sure to thank those who helped make it a reality. He offered gratitude to Mayor Michael Bloomberg and City Council Speaker Christine Quinn and actor Ed Norton. But he forgot to mention the man Norton convinced to make the Signature Theatre the Pershing Square Signature Theatre—Pershing Square Capital Management founder William Ackman.
The charitable arm of Ackman's hedge fund gave the center $25 million to keep tickets at the Signature affordable for the next 20 years.
A Nadler spokesman told the New York Post that the congressman's omission was an "oversight" and that "he has nothing against the guy. He's very thankful and appreciative."
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 ...