CVS Health is reportedly meeting with a top investor on ways to enhance its business. The pharmacy/healthcare chain was set to meet Monday (Sept. 30) with hedge fund Glenview Capital Management, the Wall Street Journal (WSJ) reported, citing sources with knowledge of the matter. According...
Private equity firms are reportedly holding onto a record 28,000 companies worth $3 trillion-plus. It’s a situation outlined in a report Sunday (May 26) by the Financial Times (FT), which noted that the private equity (PE) sector’s difficulties in providing returns to clients is hurting hedge funds,...
The Securities and Exchange Commission (SEC) has made amendments to Form PF, a confidential reporting form for SEC-registered investment advisers to private funds. These changes, adopted in conjunction with the Commodity Futures Trading Commission (CFTC), have been implemented to strengthen the Financial Stability Oversight Council’s (FSOC) ability to monitor and evaluate systemic risk, the SEC...
A court has reportedly frozen $1 billion in Three Arrows Capital’s founders’ assets. The ruling came down earlier this week from a court in the British Virgin Islands, Coindesk reported Thursday (Dec. 21), citing an email from the bankrupt cryptocurrency hedge fund’s liquidators, Teneo Restructuring. According to...
October 16, 2024
Klarna is reportedly selling most of its British buy now, pay later (BNPL) loans. The deal with American hedge fund Elliott will free up as much as $39 billion for new loans, the Financial Times reported Wednesday (Oct. 16), citing sources familiar with the matter. It comes as Klarna is preparing to go public in the U.S., where BNPL continues […]
September 30, 2024
CVS Health is reportedly meeting with a top investor on ways to enhance its business. The pharmacy/healthcare chain was set to meet Monday (Sept. 30) with hedge fund Glenview Capital...
May 26, 2024
Private equity firms are reportedly holding onto a record 28,000 companies worth $3 trillion-plus. It’s a situation outlined in a report Sunday (May 26) by the Financial Times (FT), which...
February 08, 2024
The Securities and Exchange Commission (SEC) has made amendments to Form PF, a confidential reporting form for SEC-registered investment advisers to private funds. These changes, adopted in conjunction with the Commodity Futures Trading Commission (CFTC), have been implemented to...
