Private Equity
Read about how private equity investments offer investors the ability to invest in long-term profitable assets, known often as PE investments.
MSSB Taps Former-Merrill Exec for Regional Post
By Janet LevauxMorgan Stanley Smith Barney named Devon Baranski, formerly of the Merrill Lynch Private Banking and Investment Group (PBIG), as the new head of its ultra-high-net-worth…
June 19, 2011
PIMCO's El Erian: EU Fumbling Greek Debt CrisisMohammed El-Erian, head of PIMCO, the largest bond fund in the world, said in a Sunday interview that the European Union (EU) must change its approach to the Greek debt crisis or risk spending billions for nothing.
June 17, 2011
Deal on Greek Debt Bailout, as Germany Relents to French DemandsGerman Chancellor Angela Merkel and French President Nicolas Sarkozy came to agreement on a second bailout for debt-troubled Greece with Germany backing down on its stance that private investors must be compelled to share losses.
June 16, 2011
European Bailout Fund Must Double: WellinkAn ECB official says the bailout fund created by the European Union and the International Monetary Fund must double, to 1.5 trillion euros ($2.15 trillion), if p the private sector is to take part in a second Greek bailout package.
June 08, 2011
Germany Puts Greek Debt Restructuring on TableIn a letter to European Union (EU) nations, German Finance Minister Wolfgang Schaeuble urged countries to make private bondholders contribute to Greece's impending debt relief arrangement.
May 23, 2011
China Development Bank Set to Buy Stake in U.S. Buyout Firm TPG CapitalThe investment unit of China Development Bank Corp. was reported on Monday to have agreed to purchase a stake in U.S. buyout firm TPG Capital.
May 23, 2011
BlackRock Launches Private Equity Unit Run by Merrill Lynch VeteransBlackRock has added private equity to its alternative offerings by adding three veterans of Bank of America’s Merrill Lynch Global Private Equity.
May 04, 2011
Barclays Wealth Says Equities, Developed Markets Still Good BetSaying that the global economy continues to move in the right direction in spite of some U.S. gloom, Barclays Wealth issued recommendations on Wednesday that included buying equities, particularly in developed markets, and looking for Chinese stocks.