Wednesday, 23 July 2014
Last updated 6 min ago
Mar 11 2013 | 10:00am ET
Another Blackstone Group executive is cashing in on the private equity firm's recent rally.
Tom Hill, who leads the New York-based firm's fund of hedge funds business, sold 1 million shares on Feb. 22 and March 5 for a combined $19.05 million. Blackstone's shares are up 25% this year.
Hill's share sale follows that of Blackstone President Hamilton James, who earlier in February sold off 3.5 million shares for $64.2 million.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…