The Big Picture

SEPTEMBER 12, 2022

She is Head of North America Investments for Citi Global Wealth, which is a giant wealth management arm of the giant Citibank. They run over $800 billion in client assets, and Kristen’s group, the North American Group, is responsible for about half of the revenue that that massive organization generates. BITTERLY MICHELL: Always risk.

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Banks Assets Capital Hedge Funds 119

Advent International

JULY 29, 2022

It also operates investment banking, merchant banking and brokerage businesses through YES Securities. The banks shares are listed on the National Stock Exchange and Bombay Stock Exchange. Advent has been investing in India since 2007 and founded its Mumbai office in 2009. billion in assets under management.

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Banks Stakes Financial Services Stock Exchanges 40

The Big Picture

APRIL 18, 2023

When he began, PE was a little bit of a niche boutique sort of investment, and over the ensuing 25 years, it has grown to be really a major asset class with giant opportunities that have been expressed by then small, now very large companies, of which Blackstone is one of the largest. It is an institutionalized asset class.

Private Equity Firms 64

Private Equity Firms Private Equity Firms Assets Financing 64

The Big Picture

OCTOBER 31, 2023

And so we’ve grown from a very small company with 29 partners back in 1979 to, as you noted, over a trillion dollars of assets and it become very diversified. We were originally very equity heavy back in the day, and we made a lot of investments on the fixed income side. Michael Carmen: 00:05:54 [Speaker Changed] Correct.

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Hedge Funds Mutual Funds Funds Due Diligence 64

The Big Picture

JANUARY 9, 2024

But there’s also a lot of, like at Wittel, you know, I was at Wachtel in 2005 to 2007, so really near the peak of a big merger’s boom. It was underwriting, you know, it was like doing investment banking, underwriting public offerings. And I love that. I thought that was really fun.

Mergers and Acquisitions 52

Mergers and Acquisitions Law Firms Hedge Funds Financing 52

The Big Picture

MAY 9, 2023

He is the Chief Investment Officer of Asset and Wealth Management at Goldman Sachs. He co-chairs a number of the asset management investment committees. trillion in assets under supervision. I thought this was an absolutely fascinating way to see the world of investment management. And I think you will also.

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Liabilities Assets Banks Hedge Funds 119

The Big Picture

APRIL 4, 2023

 The transcript from this week’s, MiB: Ken Kencel, Churchill Asset Management , is below. BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast, I have an extra special guest, Ken Kencel of Churchill Asset Management, CEO, Founder, President. This is really a fascinating story. Ken Kencel, welcome to Bloomberg.

Private Equity Firms 59

Private Equity Firms Private Equity Firms Financing Finance 59

Pension Pulse

JANUARY 22, 2024

Last year, Ontario Municipal Employees Retirement System (OMERS) hired investment banks to find a new owner for Toronto-based LifeLabs , according to four sources familiar with the sales process. Two of the sources said OMERS picked New York-based Evercore Group LLC to run the process and also brought in a Canadian bank.

Stakes 52

Stakes Investing Bidding Assets 52

The Big Picture

AUGUST 8, 2022

So, until the financial crisis of 2007 and 2009 or however you go — you actually time it, I was in this finance bubble. So, you got your assets whatever they are. But then the question is how do you fund those assets. ADMATI: They were investment banks. So, that was that and then comes the financial crisis.

Banks 81

Banks Debt Financing Finance 81

Pension Pulse

JULY 4, 2023

While the consortium that has owned Thames since 2017 has yet to take a dividend out of it, its predecessor – the Australian bank Macquarie – has been widely criticised for its stewardship of the water company between 2006 and 2017. It has faced accusations of “asset stripping” and “ripping off the taxpayer” by not paying corporation tax.

Pension Funds 52

Pension Funds Debt Shareholders Stakes 52

The Big Picture

SEPTEMBER 26, 2023

I wanna say it’s about $179 billion in client assets. You’ve probably heard some aspects of this from the various interviews I’ve done with Howard Marks talking about the distressed asset fund they set up in 2007. You joined in 2007. It’s a very different philosophy. Panossian ] 00:05:18 Yeah.

Private Equity Firms 52

Private Equity Firms Private Equity Firms Debt Banks 52

The Big Picture

DECEMBER 14, 2022

She and her team manages over $565 billion in real estate assets. in Western Europe, in Asia, India, Japan, this is just a tour de force education on how to invest in global real estate. BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: Strap yourself in for this one, it’s absolutely fascinating. And real estate offered that.

Assets 64

Assets Mergers and Acquisitions Capital Portfolios 64

The Motley Fool

DECEMBER 21, 2024

But, recognizing it would be best served by taking on a partner for clinical development, in 2007 the company announced a collaborative partnership with Pfizer to eventually bring the anticoagulant to the market beginning in 2012. There's a reason it's the nation's single-biggest bank , boasting nearly $3.6 trillion in assets!

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Initial Public Offering Prospects Banks Investment Banks 244

The Big Picture

MARCH 12, 2024

No income, no job, no assets were exactly ninja, Sean Dobson : No pulse seems reasonable. We see it as, like I said, about 50 million assets and we’re modeling up the value of every home in the country, every, every week, basically. We’re we’re the quant shop in real estate, in the quant shop in physical assets.

Hedge Funds 59

Hedge Funds Banks Assets Due Diligence 59

The Big Picture

APRIL 11, 2023

And as you well know, in 2007, accountants fixed what I thought was a horrendous mistake — RITHOLTZ: Right. How important is it for a mature company to have a mature CEO to come in and maximize their assets? They were older, you know, companies that were over the hill in terms of their business models. RITHOLTZ: Right.

Education 119

Education Financing Finance Taxes 119

The Big Picture

AUGUST 23, 2022

So, it’s 150 million voucher times $20 gives you a $3 billion of vouchers in circulation and this $3 billion of vouchers in circulation were exchangeable for 30 percent of the share capital of all Russian companies, which meant that the market cap of the entire country of Russia, every asset in the country, was $10 billion.

Legal 128

Legal Banks Law Firms Taxes 128

The Big Picture

JANUARY 23, 2024

I grew up a political junkie, worked on senate races and governor’s races, and had the really good fortune of linking up with Barack Obama in 2007. And then in 2007 got recruited into Obama and that’s when I moved to DC Barry Ritholtz : 00:05:43 [Speaker Changed] Huh. I lived in Rhode Island working for a senate race.

Startups 52

Startups Conglomerates Venture Capital Capital 52

The Big Picture

MARCH 25, 2025

O’Shaughnessy Asset Management, became a leader in direct indexing, eventually was bought by Franklin Templeton, leading him to launch O’Shaughnessy Ventures, O’Shaughnessy Fellowships, infinite Loops podcast, just so many different things. You let your son Patrick take over as CEO of, of Shawnessy Asset Management.

Asset Management 59

Asset Management Assets Finance Financing 59