Chidem Kurdas
The difference is dramatic. Investors in Och-Ziff funds (more…)
Chidem Kurdas
The difference is dramatic. Investors in Och-Ziff funds (more…)
Auto parts maker Delphi Automotive became a distressed trade for certain hedge funds when it went bankrupt several years ago. It emerged streamlined from bankruptcy and in November had an initial public offering. Some of the large (more…)
Chidem Kurdas
No wonder so many managers want to have an initial public offering. Pensions may be more (more…)
Oaktree Capital’s expected initial public offering will create a middle-market lending business similar to the private mezzanine funds the private equity firm has managed for some 10 years. A private fund that will continue investing through 2014 is to have priority in certain ways. (more…)
A US arm of Guernsey-based BlueCrest is expected to make an initial public offering, following the trend among major alternative investment businesses to raise capital in public markets. BlueCrest, among the largest hedge fund managers worldwide with $25-billion in total assets, runs BlueTrend, a top commodity trading advisor managed by Leda Braga. (more…)
A number of managers are raising funds to make middle-market company loans, a niche seen as attractive in part because some of the hedge funds that used to be in the business retrenched or stopped operating after the crisis of 2008. (more…)
Garrison Investment Group, a specialist in debt, structured finance and real estate, is preparing to float a credit investment vehicle on the NASDAQ market. (more…)
The public shares of Kohlberg Kravis Roberts & Co. have attracted major hedge funds. And there is an interesting tale about why the stock is widely seen as a good bet. (more…)
Master limited partnerships raised $20 billion in debt and $12 billion in follow-on equity in 2010, in addition to initial public offerings—altogether more than in any previous year. Funds that invest in this natural resource niche did well. (more…)
Omega Advisors chief Leon Cooperman must be very confident about the private equity firm Kohlberg Kravis Roberts & Co. He’s bought it in two different ways. (more…)