Wednesday, 22 October 2014
Last updated 1 hour ago
Aug 20 2013 | 9:33am ET
The Carlyle Group has made a pair of top hires to handle its power and consumer and retail investments.
The firm today said it had named Matthew O'Connor co-head of its power investments group. He will lead the unit—a team that joined the private-equity giant last year when it acquired Congentrix—with the current co-chief, Robert Mancini.
O'Connor joins from General Electric, where he was executive vice president for financing at GE Capital's aviation services unit.
"His experience in the power markets, as well as global lending and strategy across the energy markets, adds important leadership depth and experience to our capabilities as we expand Carlyle's investment footprint in the power sector," Mancini said.
Carlyle has also named a new operating executive for its consumer and retail group, picking former Procter & Gamble executive Susan Arnold to fill the post. Arnold was president of global business units at P&G until her retirement in 2009 and will join Carlyle next month.
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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. 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 ...