Thu, 16/04/2009 - 07:00
Seven members of a church in Queens, New York, have been charged with fraud for allegedly misappropriating USD12m from would-be hedge fund investors.
Wed, 15/04/2009 - 07:00
Goldman Sachs, which posted better than expected results yesterday, has raised USD5.5bn from investors for a fund dedicated to buying private equity investments on the secondary market.
Tue, 14/04/2009 - 06:57
The US Securities and Exchange Commission has published and invited comment on a choice of five alternative proposals that it is considering in an effort to restrict what is perceived as a
Fri, 10/04/2009 - 07:02
Kenneth Rubinstein, an asset protection attorney with New York law firm Rubinstein & Rubinstein, says that a structure involving a hybrid trust and foreign life insurance can enable
Thu, 09/04/2009 - 07:01
Verizon Communications is divesting its wireless telephone assets and at least three private equity firms are reported to be in the running, with Blackstone Group said to have submitted a
Wed, 08/04/2009 - 06:00
It has just emerged into the public domain that Larry Summers, director of the National Economic Council for President Barack Obama, earned more than USD5m from hedge fund manager D.E.
Tue, 07/04/2009 - 07:00
There was once a time when taking a pause in investment activity would have meant missing plethora of missed opportunities.
Mon, 06/04/2009 - 07:00
Daniel Zwirn is facing tough times. His firm, D.B. Zwirn & Co, is being eyed by a number of bidders as it tries to recover from a financial scandal.
Fri, 03/04/2009 - 07:02
The G20 summit has reached its conclusion with a united front, after a last-minute squabble with China about whether Hong Kong and Macau should be classified as tax havens, and it's now of
Thu, 02/04/2009 - 06:58
Private equity fundraising in the first three months of 2009 dropped to its lowest level in more than five years - news that will be a surprise to few - while the number of buyout firms sc
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