Funds
Sovereign Wealth Funds Assets Increase 9% to $3.51 Trillion, Preqin Says Sovereign wealth funds’ total
combined assets have climbed 9 percent from a year ago to $3.51
trillion, Preqin Ltd. said in an e-mailed press release.
Indian Billionaire Anil Ambani's Venture Fund Plans to Double Investments Indian billionaire Anil Ambani’s
venture fund plans to invest in areas including so-called clean
technologies as it doubles investments over the next three years.
Asia's Billionaires Doubled Wealth at World's Fastest Pace, Forbes Says Asian billionaires including
India’s Mukesh Ambani and Hong Kong’s Li Ka-shing increased
their wealth as the region’s rich expanded their fortunes at the
world’s quickest pace in the past year, Forbes magazine said.
Macquarie May Seek Further Purchases in U.S. in `Once-in-Generation' Push Macquarie Group Ltd., which made
five North American acquisitions in 2009, may buy more U.S.
assets and add bankers servicing mid-sized companies to gain a
larger slice of the world’s biggest investment-banking market.
Buyout Firms Struggle to Spend $503 Billion of Investor Cash as Deals Wane Buyout funds sitting on half a
trillion dollars committed by investors may need more than a
decade to put the money to work if mergers and acquisitions
continue at the current pace.
Defaults May Signal Bursting Muni Junk Bubble After 30% High-Yield Surge Investors in search of better
returns poured $7.8 billion into high-yield municipal bond funds
last year, pushing assets to a two-year high. They may start
experiencing losses as early as this year as default risks grow.
Hedge-Fund Losses Show Drop in Euro Fails to Benefit All Currency Traders Hedge funds that trade currencies
are taking hits from politicians casting them as speculators out
to sink the euro and push Greece into insolvency. They are also
losing money.
Oaktree Capital Is Poised to Take Over Almatis in Debt-For-Equity Exchange Oaktree Capital Management LLC, the
investment fund with about $73 billion under management, is set
to take control of Almatis from Dubai International Capital LLC
under the terms of a $1 billion debt restructuring.
Apollo Said to Triple Real Estate Assets With Purchase of Citigroup Unit Apollo Management LP agreed to buy
Citigroup Inc.’s real estate investment unit in a move that will
more than triple the value of the private-equity firm’s property
assets, a person with knowledge of the deal said yesterday.
Terra Industries Tells Yara That CF's $4.68 Billion Buy Offer Is Superior Terra Industries Inc., the target
of a bidding war, told suitor Yara International ASA that a
$4.71 billion offer from fertilizer producer CF Industries
Holdings Inc. is superior and asked for a counterproposal.
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