Thursday, 25 December 2014
Last updated 1 day ago
Jun 21 2013 | 11:25am ET
The private-equity industry is looking positively martial these days.
Less than a month after Kohlberg Kravis Roberts brought former Central Intelligence Agency director and retired General David Petraeus on board as an adviser, the Blackstone Group has done the same with retired general and former presidential candidate Wesley Clark.
Clark will advise Blackstone on energy deals and has joined the board of one of its portfolio companies, Fisterra Energy.
"Helping countries overcome their energy challenges and develop energy security is critical to economic growth and sustainable development," Clark said.
Clark served as supreme allied commander of NATO before retiring from the Army. He unsuccessfully sought the Democratic nomination for president in 2004, and now runs his own consulting firm.
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.