Thursday, 2 October 2014
Last updated 15 hours ago
Jun 30 2009 | 2:13am ET
The Blackstone Group’s expansion in Asia is continuing apace with the hire of a Deutsche Bank executive to lead capital-raising in the region.
Philip Levinson joins the private equity giant from RREEF, the real estate, infrastructure and p.e. division of Deutsche Asset Management. In addition to raising money, in his new post, Levinson will also manage client relationships and help develop new products in the region.
It is not clear where Levinson will be based, Reuters reports.
Levinson’s hire comes on the heels of several recent moves by Blackstone in China. The firm is reportedly in talks with Shanghai officials about opening a subsidiary there, and the country’s sovereign wealth is mulling a $500 million investment with the firm’s hedge fund unit.
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…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...