Saturday, 20 September 2014
Last updated 13 hours ago
Mar 19 2013 | 12:45pm ET
Harbinger Capital Management's listed permanent capital vehicle is getting into the lingerie business.
Harbinger Group has invested $10 million in risqué lingerie retailer Frederick's of Hollywood. In exchange, it has been given an option to take control of the company by appointing a majority to its board of directors.
Frederick's has been struggling with poor sales at its 118 stores.
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.