Thursday, 23 October 2014
Last updated 35 min ago
Mar 14 2013 | 10:39am ET
Macquarie Group has named a former Morgan Stanley banker to cover private equity firms from its New York office.
Brian Sauvigne has joined the Australian bank as a managing director, it said. Macquarie has committed more than US$550 million in equity, preferred equity and mezzanine debt in the U.S. this year, and has underwritten a further US$8.5 billion in debt.
Sauvigne was head of corporate development, focusing on mergers and acquisitions, at Morgan Stanley. He also formerly worked at McKinsey & Co. and Lazard.
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 ...