Federal regulators on Monday filed civil fraud charges against Thomas Priore and ICP Asset Management in connection with complex securities tied to mortgages.
Youth fashion retailer Republic has been bought by private equity group TPG for £300m. TPG is financing the purchase entirely with equity from its $18bn global buy-out fund in one of the smallest deals the San-Francisco-based group has ever done in Europe.
ECB expects higher level of leverage at hedgefunds (Fund News)
The hedge fund industry is likely to gain ground in the near future and this, in turn, is expected to lead to increased leverage, the European Central Bank said this week.