Private Equity
CalSTRS shows lackluster private equity returns
Sept 7 (Reuters) – Private equity promises outsized
investment returns but a report prepared on behalf of the
California State Teachers’ Retirement System (CalSTRS)
highlights the challenges of…
Quest for yield revives hybrid loan/bond CLO structure
NEW YORK, Sept 7 (IFR) – The quest for yield has set the
collateralised loan obligation (CLO) new issue market on fire in
the US and reawakened a hybrid loan/bond animal that’s been in
hibernation…
Biofuels Energy shares soar after Einhorn ups stake
Sept 7 (Reuters) – Shares of Biofuel Energy Corp
rose as much as 28 percent in early trade on Friday after hedge
fund manager David Einhorn said he raised his stake in the
ethanol maker by about 11…