group representing European and U.S. investors with a collective $30 trillion (£23 trillion) in assets urged the United States to quickly rejoin a global accord to tackle climate change on Wednesday, as a decision by President Donald Trump to leave the pact came into effect.
A new Seward & Kissel study into the use of side letters in the hedge fund industry shows fee discount clauses are now the most common issue raised by investors in such agreements, while the number of smaller hedge fund managers using the practice has increased.
Callodine Group (“Callodine”), an asset management firm focused on yield-oriented investment strategies, today announced that it has entered into a definitive agreement to acquire the loan portfolio and assume the employees and operating costs of Gordon Brothers Finance Company, LLC (“GBFC”).
Former TerraForm Power Inc. investors can advance their challenge to a $650 million financing deal with its majority owner, Brookfield Asset Management Inc., because Brookfield’s subsequent $1.6 billion buyout of TerraForm didn’t deprive them of standing to bring the case, a Delaware judge ruled.
Some of the most conservative real-estate funds are suffering from falling property values, putting their fund managers in a tough spot as investors look to cash out.
Health care organizations face an uphill battle financially, but the right strategies for investing and controlling PBGC premiums can help them get to the other side.