Ares Management LP is betting that the safe, reliable, utility-like firm will catch the attention of investors -- a case that’s bolstered by the recent drop in shares of its private-equity peers.
Having grown up in Latin America, Micky Malka is no stranger to financial turmoil.
Blackstone Group LP, Carlyle Group and other buyout firms have already reaped a $425 million windfall this year after companies they own refinanced debt in the biggest loan market rally since the 2008 financial crisis.
Russian central bank First Deputy Chairman Alexei Ulyukayev was appointed chairman of the supervisory board for the Kremlin-backed Russian Direct Investment Fund, RIA Novosti said, citing the fund.
Private equity is a rapacious destroyer of the middle class. No, it renews American industry by infusing old companies with capital and ideas.
Blackstone Group LP and Carl Icahn’s bids for Dell Inc. are employing a rarely used deal tactic that has yielded both big payouts and big losses for shareholders.
"There may be a wedge between the interest in limited holders and the unit holders."
- Josh Lerner on Apr 30, 2014