KKR & Co., Goldman Sachs Capital Partners and TPG Capital, the firms that led the $48 billion buyout of Energy Future Holdings Corp. in 2007, are fighting to receive barely 3 percent of their initial investment when the power generator files for bankruptcy as soon as this month.
Shortly after she took over as chief executive officer of Harvard Management Co. on July 1, 2008, Jane Mendillo gathered the university endowment’s 200- member staff for a town-hall-style meeting at the Federal Reserve Bank Building in downtown Boston, across the Charles River from Harvard University.
For almost 1,000 years, the leaders of the University of Oxford sought aid in medieval courts and cathedrals. In April, Andrew Hamilton, Oxford’s vice chancellor, found a new venue: the mansion of a Silicon Valley billionaire.
Holders of a Florida development’s tax-exempt bonds are fighting a judge’s order that may make it harder for owners of at least $2.9 billion of defaulted debt to get paid by excluding them from a bankruptcy settlement.
White House officials have approached American Express Co. Chief Executive Officer Kenneth Chenault about joining President Barack Obama’s second-term administration, possibly as Treasury secretary, according to two people familiar with the matter.