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Centerbridge Returns Funds to Investors: Fed Policies' Double Edged Effect

The Financial Times reported last week that Centerbridge Credit Partners is returning $500 million to investors in its hedge fund and said depressed interest rates caused by the Fed's "easy money" policies are partly to blame.


Another Acquisition for Reliance Steel & Aluminum Co.: Sunbelt Steel Texas

The largest metals service center in North America, Reliance Steel & Aluminum Co., announced that effective Oct. 1 it had acquired all outstanding limited liability company interests of the privately held Sunbelt Steel Texas, LLC.

'Reverse Brain Drain' Could Have Dire Consequences for U.S. Economy

A new study released by the Kauffmann Foundation shows an unprecedented drop in the creation of tech start-ups, which it attributes to a stagnating immigrant population.

Exclusive: Best Buy Founder Presses on with Buyout Plan

Best Buy Co Inc founder Richard Schulze and at least four private equity firms have started examining the books of the world's largest consumer electronics chain, in early steps toward what could become a potential $11 billion buyout, according to people familiar with the matter.


Latest News

Yesterday NYC Mayor Michael R. Bloomberg and Bloomberg Philanthropies hosted a private summit to discuss ways of attracting tech businesses to New York, and make sure that the US keeps its edge in tech innovation, amNew York reported today.
A new joint venture, Redpoint e.Ventures, announced over the summer that it had raised $130 million to invest in early stage Internet start-ups in Brazil. It is the first such fund in Brazil originating from Silicon Valley and according to the company's founders the largest early stage venture capital fund there.
The Wall Street Journal reported today that the Chinese-owned Ralls Corp. will face an uphill battle against the Obama administration fighting the executive order blocking its purchase of four wind farms in Northern Oregon.
A quick rundown of the differences between venture capital and private equity. Not sure about the difference between venture capital and private equity? You're not alone.
(Reuters) U.S. manufacturing ended its worst quarter in three years in September as foreign demand for U.S. goods fell sharply, an industry survey showed on Monday.
For the first time in over 20 years, a US president has blocked a foreign investment, citing security concerns.
According to a recently released report by CB Insights, angel investors are filling a geographic niche overlooked by venture capitalists.
CIVETS, Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa, could outpace the BRICs in economic growth, presenting a potential gold mine for investors.
See how last-year's top 50 venture capital-backed start-ups,are faring one year later. Making The Wall Street Journal's list of top 50 venture capital-backed start-ups appears to be a good indicator of future health - at least for another year.
Brief overviews of Asia's tech start-up environments for investors. For American and Canadian investors looking to put their money into tech start-ups,The Economist provides a quick overview of business environments in China, India, Singapore, South Korea, Hong Kong and Taiwan, and Vietnam.