Tag Archives: private partnerships
Peltz, Kurland Seek Stock Sales to Buy Mortgages
Bloomberg – Billionaire Nelson Peltz and former Countrywide Financial Corp. President Stanford Kurland are among at least six investors turning to the public markets to finance purchases of distressed home loans and corporate debt. The investors, most of whom previously […]
Hedge-Fund Pay May Fall 25% in 2009 as Fees Evaporate
Bloomberg – Compensation for U.S. hedge-fund employees may drop as much as 25 percent this year as the firms try to recoup last year’s investment losses. The decline will cut hedge-fund paychecks to about half the record levels of 2007, […]