gundlach

Oil Crash Slams Buyout Funds?

Devin Banerjee and David Carey of Bloomberg report,Oil Crash Wipes $11.7 Billion From Buyout Firms’ Holdings:
Oil’s plunge makes energy a great investment for the coming years, according to Blackstone Group LP (BX)’s Stephen Schwarzman and Carlyle (CG) Group LP’s David Rubenstein. For private equity firms, it’s also been painful.More than a dozen firms — including Apollo Global Management LLC (APO), […]

December 23, 2014 ByLeo Kolivakis apollo, arabia, canada, capital, gundlach, kosmos, laredo, mexico, pincus, schwarzman Comments Off read more

Oil slide wipes out market gains – CNBC.com

Tech was helped by Skyworks Solutions, up more than 7 percent after the Apple supplier raised its guidance for earnings and revenue for the quarter ended in September. Intel, reporting after the close, also was trading higher.The good news for semis comes after Microchip Technology lowered its forecast for its fiscal second quarter after chip sales fell short. Beaten-down chip […]

October 14, 2014 Byunknown alphadex, apple, capital, central, chief, consumer, europe, exchange, gundlach, markets, microchip, year Comments Off read more