Bradford & Bingley, the UKâ??s biggest buy-to-let lender, confirmed on Monday that private equity firm Texas Pacific Group will buy a 23 per cent stake for £179m.
New Jersey to invest $1.4 bn in alternative Investments (Headlines)
The $81.5 bn New Jersey Division of Investment is committing $1.4 bn to alternative asset management firms including private equity, hedge and commodity funds.
The SEC has issued subpoenas requesting information about the valuation of some high-yield bond assets at the $5bn DB Zwirn hedge fund, which is being wound down after massive redemptions.