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Pimco is making it known on Wall Street that it is hiring. It has apparently approached between five and 10 top banks, presumably via HR, and asked them to inform pink-slipped employees of openings... Read more...
You've got to hand it to Ambit Bridge Loan Fund and the Stillwater Capital Partners, two hedge funds that have found a way to thrive as credit markets melted. Both are in the business of providing... Read more...
In the third quarter, hedge funds added $45.2 billion in new assets, says Hedge Fund Research. The good news is that industry is on pace to break last year's annual record of about $130 billion. The... Read more...
The news sounds good on the surface. Buyout funds have raised $139 billion so far in 2007, which puts them on track to beat the $212 billion raised in 2006, according to Private Equity Intelligence.... Read more...
Kohlberg Kravis Roberts is reportedly building out a syndicated deal team, aiming to offer more co-investment opportunities for its preferred investors. While the idea is all together new, it... Read more...