Charles Steel joins Ares Private Equity Group as its Managing Director. (Photo : Reuters)The image is the corporate logo of Ares Management LLC. The Ares Management LLC disclosed today the joining of Charles Steel with Ares Private Equity Group as its Managing Director.
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Digital Currency Firms Rush to Comply with Anti-Money Laundering Laws
Digital currency companies are rushed to comply with anti-money laundering acts after Liberty Reserve gotten held up for an alleged money laundering scheme.
SAC Redemption Increases as Magnitude Capital Divests
With the ongoing insider probe, more investors are pulling out their investments from SAC. With tremendously huge $3. 1 billion client money, Magnitude capital started getting back its funds during the first quarter of the year.
Morgan Stanley Seeks Court Intervention Against Former Brokers
Morgan Stanley files petition to prohibit former brokers to reach out to current staff in their old office.
Petraeus Joins KKR
Former CIA Director David Petraeus joins KKR to head a new 'institute' within the firm to evaluate investments in emerging markets.
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SoftBank Corp. aims to name a security director to the board of Sprint Nextel once it becomes successful in its proposed takeover bid.
As confirmed by Sony CEO Kazuo Hirai, the proposal put forth by Daniel Loeb of Third Point LLC would be reviewed on its merits.
Willis Group Insurance hires Michael Guo, a former investment banker. The world's third largest insurance broker, Willis Group Holdings Plc, has engaged the services of Michael Guo as its new head of Asia for capital markets operations.
STG's Consilio appoints new VP of Products and Director of Software. Consilio, disclosed today the appointment of Pete Feinberg as the Vice President of Products and Mark Roesler as the Director of Software Development.
Cohen receives subpoena to testify before grand jury. Steven A. Cohen, the embattled hedge fund manager, has received a subpoena requiring his testimony before a grand jury on the government's insider trading investigation into his private equity firm, SAC Capital Advisors.
Loeb shares insights on its investment ideas on Japan and his style. Daniel Loeb, the billionaire investor is not one to shy away from a good deal but as of the moment, he has his eyes set on Japan.
Billionaire Victor Pinchuk files for breach of contract and breach of trust against fellow Ukranian moguls.
BlackRock's success is attributable to its analysts and its attack in getting the shares for its shareholders.
These are the thoughts of Hiren Ved of Alchemy Capital Management from an interview with Nikunj Dalmia.
