Not exact matches
One could say that private
equity funds have,
at least in their thirst for assets and their run - of - the - mill returns, begun to resemble grubby, conventional mutual
funds.
Stengel is joined on stage by Doug Ellenoff, a corporate and securities attorney with a specialty in business transactions and corporate financing who has been actively involved in working with federal government agencies as the rules are being rewritten, and Pelli Wang (on the right end of the couch), the venture director
at SeedInvest, a leading
equity crowdfunding platform and early - stage VC
fund.
Equity crowd
funding is worth trying as just one tool to help foster startups,
at the very least to keep pace with the U.S. and give Canadian entrepreneurs more reason to stay here.
«People have given up on them,» says Phil Davidson, portfolio manager
at the $ 13 billion, value - focused American Century
Equity Income
Fund.
Dan has spent the better part of the last 20 years as a proprietary
equity & options trader
at hedge
funds (SAC, Exis & Cheyne Capital) and within the
equity derivatives group of Merrill Lynch.
«Global
fund managers see the profit outlook in Japan as favorable amid a strong earnings season,» Shusuke Yamada, chief Japan FX /
equity strategist
at BoAML, said in a statement.
Prosper, another online lender, has been looking to raise a new round of
funding in exchange for
equity at a price that would slash its market value by more than 70 %, people familiar with the matter told Reuters on Friday.
«You've been able to find pockets of strength even this year,» says Bruce Cooper, who heads all
equity teams
at TD Asset Management and manages a global dividend
fund.
Jet previously raised $ 225 million
at a $ 600 million valuation to take on Amazon — the most
equity funding ever raised in the first 12 months by a US commerce company.
While the BCG report has the rosy title of Capitalizing on the New Golden Age in Private
Equity, it says the industry faces some serious growing pains as more and more investors keep throwing money
at the industry as alternatives (such as hedge
funds) have sucked wind.
Bell of GeoDynamics points out that if a corporate incubator agrees to give you
funding to help you further your idea, it comes
at a cost, whether it is
equity, control or something else.
Avista Capital Partners has formed a new company to
fund a portion of the
equity required to design and build three 50,000 deadweight ton product carriers, which Seacor Holdings (NYSE: CKH) has contracted to build
at General Dynamic's National Steel and Shipbuilding Co. shipyard in San Diego.
«It's a type of surgical, temporary capital,» Mark Stoner a partner
at private
equity fund Bayou City Energy LP, said in an interview.
It's building insurance companies; it's building pension
funds; it's building whole structures that we need for long - term investments,» said Mark Tinker, who is Head of Framlington
Equities Asia
at AXA Investment Managers.
Stéphane Léveillé, a senior director of private
equity at the pension
fund, joined Fix Auto's board of directors in November.
One of MSD's first investments was in an unknown, tech - focused private
equity firm called Silver Lake, which
at the time was raising its first
fund.
The corporate watchdog has begun civil penalty proceedings against Padbury Mining and two of its directors over statements made last year claiming the company had lined up $ 6 billion in
equity to
fund construction of a port and rail network
at Oakajee north of Geraldton.
Caspersen, a 39 - year - old former managing director
at PJT Partners» private -
equity arm, Park Hill Group, was arrested in March and accused of defrauding a hedge -
fund - affiliated charity and an employee of the same hedge
fund.
Scilla Huang Sun, portfolio manager of the GAM luxury brands
equity fund at GAM Investments, discusses the high - end watch market.
A private
equity fund looks
at the ERP issue similar to the No Marketing Spend — it's an opportunity to invest in the business, so better information is available to managers (and the private
equity fund).
«In soliciting investments in the Fake
Funds, CASPERSEN made the following false representations to investors, among others: in recognition for his prior work with Park Hill Group, CASPERSEN had been offered a «friends and family» investment allocation in a security that was allegedly offered by a private equity firm; CASPERSEN was personally investing in the security, and offering it to his family and a limited number of friends; the investment was a credit facility secured by a portfolio of assets owned by one of the Legitimate Funds; the investor would receive quarterly interest payments, ranging from 15 to 20 percent; the investment was practically risk - free, as the loaned funds would remain in a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one of the Fake Fund Acco
Funds, CASPERSEN made the following false representations to investors, among others: in recognition for his prior work with Park Hill Group, CASPERSEN had been offered a «friends and family» investment allocation in a security that was allegedly offered by a private
equity firm; CASPERSEN was personally investing in the security, and offering it to his family and a limited number of friends; the investment was a credit facility secured by a portfolio of assets owned by one of the Legitimate
Funds; the investor would receive quarterly interest payments, ranging from 15 to 20 percent; the investment was practically risk - free, as the loaned funds would remain in a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one of the Fake Fund Acco
Funds; the investor would receive quarterly interest payments, ranging from 15 to 20 percent; the investment was practically risk - free, as the loaned
funds would remain in a bank account; the investor could withdraw the principal at any time with 90 days» notice; and investor funds should be wired to one of the Fake Fund Acco
funds would remain in a bank account; the investor could withdraw the principal
at any time with 90 days» notice; and investor
funds should be wired to one of the Fake Fund Acco
funds should be wired to one of the Fake
Fund Accounts.
«The Foundation was lied to by Andrew Caspersen, a managing director
at investment bank PJT Partners, regarding a potential investment related to the publicly - announced restructuring of a private
equity fund,» the foundation said in a statement.
Although the rules and requirements weren't yet finalized as of this writing, it looks like entrepreneurs looking to crowdfund via the
equity model will be required to make
at least the following information available to the SEC, to the platform through which they raise
funds, and to potential investors:
«When entrepreneurs lose cash flow, they give up leverage and negotiating power and risk losing too much ownership in a desperate attempt to raise
funding,» says Wunderlich, who is also a partner
at private -
equity group DCA Capital Partners.
At issue is how private
equity firms report how they calculate average net returns in past
funds in their marketing materials, the sources said.
Jet previously raised $ 225 million
at a $ 600 million valuation to take on Amazon — the most
equity funding ever raised by a US commerce company in its first 12 months.
Less than three weeks after announcing it had secured $ US6.47 billion ($ 6.89 billion) in
equity funding to construct a port and rail network
at Oakajee, junior explorer Padbury Mining says the deal is now dead.
Lewis,
fund's chief investment officer, spent nine years
at Citigroup as a director of the bank's global special situations group, a $ 5 billion prop - trading group that specialized in distressed debt, high - yield bonds, and value
equity.
SoftBank expects to invest over the next five years
at least $ 25 billion in the $ 100 billion tech
fund, which would be one of the world's largest private
equity investors and a potential kingpin in the technology industry.
Virgin Group founder Richard Branson is getting into the private
equity game, becoming a star partner
at a new
fund managed by London - based Metric Capital.
On the other hand, his tax plan makes
at least a vague reference to eliminating a loophole that benefits private
equity and hedge
fund managers.
«In the early years, for one
fund family, you'll find more «risky»
equity exposure to growth - oriented stocks, but toward the later years, it's more value - oriented
equity exposure,» said Aaron Pottichen, president of retirement services
at CLS Partners in Austin, Texas.
Fund manager investments in Amazon.com Inc and Netflix Inc, both of which are up more than 35 percent for the year to date, helped boost the returns of large - cap
funds, noted Savita Subramanian,
equity and quant strategist
at Bank of America Merrill Lynch.
According to the Times, a BlackRock report «has calculated that if the financial transaction tax were set
at 0.1 % per trade, an investor putting $ 10,000 in its global
equity fund would lose more than $ 2,300 in expected returns over a 10 - year period.
Between 1980 and 2005, U.S. buyout
funds, one of the main categories of private
equity, heavily outperformed the S&P 500, according to research from Chris Higson
at the London Business School, with about 60 % of the
funds he studied beating that benchmark index.
They set up their first private -
equity fund several years ago with $ 70 million in investment capital; they just raised another $ 100 million, to support a second pool aimed
at their particular investment niche.
Prior to this role he was an editor
at Yahoo Finance, worked as an
equity analyst
at hedge
funds and as an investment analyst
at a
fund of
funds.
«Most limited partners have always hated transaction fees,» said Susan Long McAndrews, a partner
at $ 24 billion
fund of private
equity funds Pantheon.
She said several of her private
equity funds clients have stopped charging the fees and are waiting for guidance from the SEC before deciding whether to resume collecting them
at all.
«if the financial transaction tax were set
at 0.1 percent per trade, an investor putting $ 10,000 in its global
equity fund would lose more than $ 2,300 in expected returns over a 10 - year period.
Previously, she worked on improving educational
equity at organizations such as NewSchools Venture
Fund, where she raised
funds to support early - stage education entrepreneurs.
Since forgoing college
at 19, Ms. Holmes has secured millions of dollars in
funding for her new venture, including $ 45 million in private
equity funding in 2010.
At least 80 percent of the
fund's assets are invested in
equity securities, including common stock, preferred stock, convertible securities, rights and warrants and depository receipts of companies located in the China region.
James Austin, investment director
at BGF, said that as
equity providers, BGF could be part of a hybrid solution for growing companies, where the business received
equity funding while listing.
Company is raising $ 1 billion in
equity to
fund the purchase of Blue Buffalo Pet Products; the market does not appear to be crazy about the deal
at this point.
If somebody gives you money under a convertible debt note
at a $ 2.5 m valuation and another person
funds you with convertible debt
at $ 5m valuation (high resolution financing) and your
equity round finally closes
at a $ 10 million valuation... what technically happens?
For example, the company closed a $ 305 million cash
equity transaction, created a
fund with Citi to finance $ 347 million in solar projects in September, and
at the end of October, announced a new
fund with Credit Suisse to finance an additional $ 300 + million in projects.
Leonard is a former portfolio manager and principal
at Brecken Capital LLC, a hedge
fund focused on domestic
equities.
Prior to that, he was an Associate
at Adams Street Partners, a secondary private
equity group within a $ 20 billion
fund of
funds; and an Analyst in the M&A group
at JPMorgan Securities.
Previously, he worked
at Kendall Investments, a Cambridge, Massachusetts - based private
equity fund - of -
funds, where he evaluated, analyzed and monitored private
equity portfolio investments.