Mexico, the worldâ??s sixth biggest oil producer, hedged almost all of nextâ??s year oil exports at prices ranging from $70 to $100 through derivatives contracts, according to people familiar with the deal.
SilverStreet recruits ex-New Star manager Alan Miller (Headlines)
Fund of hedge fund firm SilverStreet Capital said on Monday it had recruited Alan Miller, the high-profile former chief investment officer of New Star Asset Management, as partner and fund manager.
AIG is to receive a revised $150bn US government bail-out package that will allow the troubled insurer to reduce interest payments and give it more time to sell assets and save itself from collapse.
Solomon Owayda, who oversees â?¬4.4bn of private equity investments at SVG said at a conference in London that "I am going to have a hard time when someone is trying to raise their third or fourth fund and itâ??s going to be $4bn or $5bn and they still want to charge 2 per cent."