Tuesday, 23 September 2014
Last updated 12 min ago
Nov 13 2006 | 10:31am ET
Palm Beach Capital has closed its second buyout fund with $110 million, it announced today.
The firm, conveniently located in Palm Beach, Fla., with an office in Tampa, Fla., said Palm Beach Capital Fund II will invest in early and middle-stage private companies with earnings of between $2 million and $15 million. The p.e. firm said it has already put a quarter of the new fund into four investments.
Palm Beach Capital has approximately $200 million in assets under management.
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 McKitich, CIO of Petty 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…
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.