by
Karen DeMasters
Industries dominated by "fat and lazy" companies are among today's juiciest investment targets, according to venture capitalist
Timothy Draper.
The $35 million estate of Bradley H. Jack, the former Lehman Brothers
managing director who was arrested for allegedly
forging drug prescriptions, may be sold at a municipal auction.
by
Karen DeMasters
Borro, a U.K. firm that provides personal loans secured by luxury assets such
as jewelry, antiques and fine art, is
expanding its operation to the New York metropolitan area.
by Russ Alan Prince
When working for the wealthy turns into working with them.
by Michael S. Fischer
F-Squared's AlphaSector strategy is grounded in asset protection, though investors might miss out on wild market upswings.
by Leila B. Boulton
The world's super-rich are turning to rare colored diamonds and other gemstones as a store of wealth and a source of growth.
by Michael McNabb
Family offices seeking yield in a low-interest world might consider U.S. private-market debt investments. But there are things to watch out for.
by Jerilyn Klein Bier
The maturing hedge fund industry is more diverse than investors may realize.
Carlos Slim, the telecommunications tycoon who controls Mexico's America
Movil SAB, is the richest person on Earth, according to the Bloomberg
Billionaires Index.
by Ellie Winninghoff
Impact investors are supporting operating loans for organic farmers and food hubs.
by Thomas Kostigen
Crowdfunding is hot, with entrepreneurs tapping social media
and networks to raise capital.
Mitt Romney, the front-runner for the Republican Party's presidential
nomination, appointed Oklahoma oil billionaire Harold Hamm as energy
adviser to his campaign.
Ray Dalio's Pure Alpha hedge fund made $13.8 billion
last year, while John Paulson lost clients almost $10 billion, according to a
report by LCH Investments NV.
Henry Kravis and George Roberts, co-founders of KKR & Co., received $94 million each in pay and cash
dividends in 2011, about 30 percent more than the year before.
Pensco Trust, a custodian for high-net-worth independent investors and
their advisors dealing in tax-advantaged alternative assets, is
acquiring the IRA business of Lincoln Trust, to create one...
by
Karen DeMasters
If the projected $80 million price for Edward Munch's "The
Scream" does not make you want to do just that, you may have what it takes to brave today's record-breaking art auction prices.
Edward Lampert, the hedge fund manager who controls Sears Holdings
Corp., has more than $160 million in paper profits on shares of the
retailer.
Investors are increasingly choosing small hedge funds over their larger competitors-a trend that one analyst likens to choosing "the speedboats over the oil tankers."
The SEC's review of how private equity firms
value assets and market their funds is so far looking at mainly smaller
firms, said a person familiar with the inquiry.
Phil Falcone's hedge fund is paying a 15 percent interest
rate for a $190 million loan, almost triple what the riskiest corporate
borrowers pay, said two people with knowledge of the loan.
