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Founders

Latest Headlines

Latest Headlines

KKR founders' stake in company tops $800 million each

Kohlberg Kravis Roberts & Co. is moving apace toward a public listing on the NYSE ( NYSE news). As part of that process, it is making more information about itself available via regulatory filings. The latest, according to Reuters , reveals that  founders Henry Kravis and George Roberts

JPMorgan pulls plug on Citigroup execs' fund

How hard is it to make it in the alternative investment industry these days? Maybe that's a good question for former Citigroup star executives Robert Willumstad and Marjorie Magner, the former chief of the consumer unit who some saw as a possible CEO before she stepped down. The Financial Times

Fortress, the once and future king of hedge funds?

For a big-picture look at the modern hedge fund, check out Vanity Fair 's article on Fortress Investment Group, the pioneering alternative investment giant that went public back in February 2007. The five founders made billions but my how they've fallen--and taken investors with them. The stock