Sunday, 21 September 2014
Last updated 1 day ago
Feb 19 2014 | 1:49pm ET
TPG Capital's specialty finance business plans to raise as much as $200 million in an initial public offering.
TPG Specialty Lending is set to go public in about three weeks. The company expects the IPO to net between $150 million and $200 million, some of which will be used to retire debt, The Wall Street Journal reports.
TPG Specialty Lending said yesterday that its loan portfolio has grown to $889 million, producing a 10.4% yield.
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.