Private equity firms add debt to European businesses
LONDON (Reuters) - Private equity groups are paying themselves and their investors by getting the European firms they own to raise cash by issuing debt in volumes not seen since...
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Backer defends virtual currency Bitcoin after big fall
LONDON (Reuters) - The volatility of virtual currency Bitcoin is a sign of "growing pains" rather than fundamental problems, its backer said on Thursday, a day after the currency lost...
AXA Private Equity raises 1.75 billion euros for infrastructure
LONDON (Reuters) - The private equity arm of French insurance giant AXA has raised 1.75 billion euros ($2.3 billion) for investments in European infrastructure, in a further sign of buoyant...
Anglo close to naming AngloGold’s Cutifani as CEO
LONDON (Reuters) - Global miner Anglo American is close to appointing Australian Mark Cutifani, head of gold miner AngloGold Ashanti , as its new chief executive, two sources familiar with...
BlackRock cuts stake in Man Group below five percent
LONDON (Reuters) - BlackRock has cut its stake in Man Group by almost half to below 5 percent, regulatory statements showed on Tuesday, just as the embattled hedge fund firm...
BlackRock cuts stake in Man Group below five percent
LONDON (Reuters) - BlackRock has cut its stake in Man Group by almost half to below 5 percent, regulatory statements showed on Tuesday, just as the embattled hedge fund firm...
Greek debt deal turns hedge fund trade to gold
LONDON (Reuters) - For a few hedge funds, Greek debt is turning into one of the trades of the year. News that Athens - backed by euro zone ministers and...
Canyon’s former London head to launch credit fund: sources
LONDON (Reuters) - Mans Larsson, the former head of the London office at Canyon Capital Advisors - one of the world's biggest hedge funds - is set to launch a...
Canyon’s former London head to launch credit fund: sources
LONDON (Reuters) - Mans Larsson, the former head of the London office at Canyon Capital Advisors - one of the world's biggest hedge funds - is set to launch a...
Church of England pension board puts faith in hedge funds
LONDON (Reuters) - The Church of England's pension fund has given its blessing to some of the world's biggest hedge fund managers, putting its faith in an industry much maligned...