Sunday, 21 September 2014
Last updated 1 day ago
Oct 4 2013 | 10:59am ET
Spanish construction company Sacyr is selling its property unit—and hedge funds are seen as the most likely buyers.
Sacyr put Vallehermoso up for sale on Tuesday. Reuters reports that it is drawing interest from hedge funds that are also seeking to buy the property-management division of Spain's capital-starved banks.
Sacyr, which merged with Vallehermosa 10 years ago, said in June that it had held talks about the sale with hedge funds and other companies.
Vallehermosa owns primarily undeveloped residential land.
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.