Thursday, 23 October 2014
Last updated 13 hours ago
Sep 6 2013 | 4:07am ET
The Blackstone Group's advisory business has named Karl Knapp to lead its global industrials practice.
Knapp, who is based in New York, was appointed a senior managing director at Blackstone Advisory Partners. He joins the firm from UBS, where he was head of global industrials and vice-chairman of its investment bank. Knapp formerly worked at Donaldson Lufkin and Jenrette, E.F. Hutton & Co. and Morgan Stanley.
"Karl’s long experience and track record advising CEOs, companies and boards will enable Blackstone’s Advisory practice to operate at another level within the industrial space; his strong industry knowledge in the areas of paper and packaging, building products and diversifieds will also allow us to make further inroads in these important industrial sectors," John Studzinski, global head of BAP, said.
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 ...