Bloomberg's Alesci Discusses Broker-Dealer Ventures: Video
2010-09-03T17:40:08Z
Bloomberg News reporter Cristina Alesci talks with Julie Hyman and Mark Crumpton about efforts by private-equity managers to invest in or create broker-dealers as they seek to profit from shifts in the financial industry.
Warburg Pincus LLC is investing $125 million in a new broker-dealer through a venture called Cortview Capital Securities LLC. Co-founder Ted Luse said he expects Cortview to raise as much as $2 billion within a year to support debt trading. (Source: Bloomberg)
Running time 04:06
Sponsored Links
Rate this Page