Thursday, 18 December 2014
Last updated 15 hours ago
May 17 2013 | 10:45am ET
A major Hollywood divorce is hung up over a hedge fund.
Actors Demi Moore and Ashton Kutcher separated a year-and-a-half ago, and filed for divorce in December. But the two haven't reached a settlement, in part because Moore insists she's entitled to $10 million from a hedge fund Kutcher set up with Guy Oseary, Madonna's manager.
According to the New York Post, Kutcher has told Moore that his contribution to A-Grade Investments was just $1 million. But the tabloid reports that Kutcher and Oseary, in a proposed private offering, valued the fund at $100 million. Moore wants half of Kutcher's 20%, or $10 million.
"Ashton made a lot of money after they married, but he doesn't believe he owes her as much as she is asking for" in spousal support, a source told the Post.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.