Wednesday, 1 April 2015
Last updated 8 hours ago
Jan 3 2014 | 1:25pm ET
Private equity investors are in line for a record-setting payout for 2013.
P.E. firms were in line to return more than $120 billion to investors last year, according to Cambridge Associates. That would break the mark set last year, when investors split $115 million.
Firms returned $60.8 billion to investors in the first half of last year.
P.E. players took advantage of soaring stocks, rock-bottom interest rates and an appetite for riskier debt plays to list portfolio companies and pay out big dividends in 2013.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…