Private Equity
Read about how private equity investments offer investors the ability to invest in long-term profitable assets, known often as PE investments.
MetLife Starts $1.8 Billion Offering
By Staff WriterMetLife Inc. has started selling a large number of "common equity units" in connection with efforts to acquire Travelers Life & Annuity from Citigroup ...
May 09, 2005
Dow Jones: April Bad for All, Worst for Convert ArbNEW YORK (HedgeWorld.com)--Everyone took a soaking from the showers of April. The returns from last month were negative for each of the six hedge fund categories tracked by Dow Jones indexes. The convertible arbitrage strategy lost the most (3.73 %), followed by equity long/short (U.S.), event-driven, merger arbitrage and equity...
April 13, 2005
Reinsurer Shareholders OK Private Equity Firm RoleNU Online News Service, April 13, 2005, 4:59 p.m. EDTInvestors have voted to permit Cypress Group L.L.C., New York, to own up to 24.9% ...
March 30, 2005
AIG Announces Second 10-K DelayNU Online News Service, March 30, 2005, 10:17 a.m. ESTAmerican International Group Inc., New York, says its shareholders' equity may fall as much as ...
March 07, 2005
Diamond: Purchase of Sun World's Assets CompleteLAKE FOREST, Ill. (HedgeWorld.com)--A distressed-debt private equity fund manager, Black Diamond Capital Management LLC, announced that it has acquired substantially all of the assets of a Californian agricultural company, Sun World International Inc., for US$127.75 million. This is the consummation of a deal sealed by an auction Jan. 13, 2005,...
March 02, 2005
Penn Treaty Joins Connecticut Partnership ProgramNU Online News Service, March 2, 2005, 2:55 p.m. ESTAn Allentown, Pa., long term care insurer hopes to increase sales in the Northeast.[@@]The insurer, ...
January 13, 2005
Survey: LTC Costs More Than $72,000 Per YearThe annual cost of U.S. long term care averaged $72,240 in 2004.[@@]Genworth Financial Inc., Richmond, Va., has published that figure in its latest LTC ...
January 03, 2005
Private Equity Firm Gets Big Stake In ReinsurerNU Online News Service, Jan. 3, 2005, 5:30 p.m. ESTThe Cypress Group, New York, has invested $180 million in Scottish Re Group Ltd., Hamilton, ...