Thursday, 23 October 2014
Last updated 15 hours ago
Jun 30 2014 | 9:37am ET
Private bank Edmond de Rothschild has raised US$530 million for its first fund focused on Africa, one that it launched in conjunction with the Carlyle Group.
The new fund, which will take minority stakes in small- and mid-sized African companies, is run by Amethis Finance, which itself is owned by Edmond de Rothschild. The Financial Times first reported the fundraising.
Rothschild is working with Carlyle and Dubai-based private-equity firm Abraaj Group on the Africa fund.
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 ...