German insurer Allianz said it had agreed to sell its Fireman's Fund personal insurance business to insurer ACE for $365 million, freeing Allianz to focus on building its U.S. property and casualty operations.
Mikhail Prokhorov built his $10.5 billion fortune in Russian commodities, but with the country’s economy in freefall, it’s his holding in the NBA’s Brooklyn Nets that’s proving his most secure investment.
- There’s A Blacklist That Rules $800 Billion U.S. Loan Market
- Private Equity and Real Estate Makes Gains With Tiger 21 Members
- Hedge Fund Manager Who Remembers 1998 Rout Says Prepare for Pain
- Holidays Bring Good Tithings To U.S. Charities Favored By Elites
- Billions In German Family Wealth Threatened By Coming Ruling
Inside the Current Issue
Charles Garcia uses his construction industry know-how to help wealthy clients find the right real estate deals.
Disaster relief groups say donations often dry up well before their work is done.
Equity long/short hedge funds are not designed to be top performers, but they can deliver consistency with downside protection.
Marc Andreessen says Bitcoin and other technologies will upend the way we do business.
Whole mortgage notes are a potential pathway to income should interest rates rise.
At the third annual Creating An Excep-tional Family Office conference in Boston at the end of September, I had the privilege of moderating discussions with a number of top industry practitioners and trusted advisors to the ultra-affluent.
Privateer Holdings raised $7 million in Series A capital last year and has officially launched Series B financing to raise $50 million.
Portfolio Manager Insights
Steve and Jean Case say they are using some of their fortune to help ease some of society’s ills while hopefully making a profit.+ Read more
The Slow Money Alliance provides capital it hopes will change the way people think about food, investing and the planet.+ Read more
Contrary to popular misconceptions, investing for profit and for improving the world don’t have to be mutually exclusive.+ Read more
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