Archives
Carlyle Group Acquires Stake in Vermillion Asset Management
The Carlyle Group continues to diversify; announcing yesterday that it would buy a majority stake in New York-based Vermillion Asset Management which will reportedly become its exclusive commodities trading platform.
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.




