For most financiers, “government” is a four-letter word. But private equity billionaire Ramzi Musallam has turned tragedy into a Forbes 400 fortune by distilling the motivations of the largest player in the global economy.
Important world institutions - from the IMF to the Fed - are embroiled in scandals that threaten their operability and credibility, and that draw into questions the institutions of the 20th century.
For most financiers, “government” is a four-letter word. But private equity billionaire Ramzi Musallam has turned tragedy into a Forbes 400 fortune by distilling the motivations of the largest player in the global economy.
After 777 Partners’ purchase of Genoa, six of Serie A’s 20 clubs will be controlled by Americans, who believe better management can pump up team valuations. But structural issues in Italy mean it won’t be a quick turnaround.
While wealth managers are encouragingly doubling down on product innovation and enhanced services they can't lose sight of delivering holistic advice to clients
Advent International’s David Mussafer cuts a low profile on Wall Street, but his firm’s ability to reshape large companies has turned the firm from an also-ran into a fast-growing giant with $81 billion in assets.
The standard playbook in private equity is to borrow, buy and cut costs ruthlessly. But a massive windfall from investments in PetSmart and Chewy has taught BC Partners Raymond Svider that sometimes, doubling down is a better option.
As Evergrande edged ever so closely to the precipice of default, the media was chockfull of contrasts and analogies with the Lehman crisis of 2008. But is anyone actively trading today old enough to remember what Lehman actually felt like?
The AUKUS geopolitical 'deal' between the US, Australia and the UK has estranged Europe, and will been seen as very provocative in China. It ups the ante in a nuclear tipped strategic game.
In 1950, the new People’s Republic continued a brutal program of land reform started during the Civil War in which perhaps 2-3 million people were murdered as “landlords.”
Solid returns for funds of hedge funds Funds of funds administered by Citco posted an average return of 4.2% and a median return of 4.3% for the first half of the year.
Traditionally, hedge funds stuck to the public market when it came to their allocations, but a new study from Goldman Sachs suggests that is changing
The Metaverse is something – socially and economically – that we will hear a lot more about in the future, and one that many people will struggle to comprehend. A sure sign is that the likes of Facebook and Microsoft are pouring billions into the building this virtual reality universe.