The new venture of Cliffwater LLC and Virtus Investments would be called Cliffwater Investments. Multi manager asset management business operator Virtus Investment Partners together with leading advisory firm Cliffwater LLC announced the establishment of Cliffwater Investments LLC.
Firm Management
Twitter changes timeline design means more revenue to advertisers?
Twitter recently changed its design to give users a more direct experience. Twitter Inc has tweaked its design last Tuesday, Oct. 29, to provide its users direct image- and vide-sharing options within its timeline, according to a report from Reuters.
Energy Future to hire additional directors prior to interest default vote - source
The hiring of two new Energy Future Holdings Corp board directors was seen as timely as the power producer needed to decide on making its USD270 million interest payment before November 1.
Sears ponders Lands' End and Auto Center separation
Retail giant Sears is closing its underperforming assets. Sears Holdings Corp is considering the separation the management operations of its Lands' End clothing and Sears Auto Center businesses, according to a report by Reuters.
Vention Medical purchases Fast Forward Medical
Vention Medical, one of the firms in the Fund IV of KRG Capital Partners, acquired Fast Forward Medical.
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With the projected growth of video advertising, Rockabox opens a Series A funding round worth GBP3 million.
BP Plc's recent quarterly report showed a bright investor future amid an overall glum oil and gas industry.
Judge Mariana Pfaelzer of the US District Court of Los Angeles temporarily approves Countrywide settlement for devalued residential mortgage backed securities.
IMF department director Anoop Singh said Japan Prime Minister Shinzo Abe's economic stimulus program had helped the economy of Japan against the effects of the reduction of securities purchases by the US Federal Reserve.
Proxy advisory firm Glass Lewis believed that Thompson's role as chief executive of one of Microsoft's suppliers could create a possible conflict of interest in his position in the Board of Directors.
Al Nabooda Automobiles had set plans to expand its German car imports operations in Dubai and Sharjah.
Despite saying the deal is finalized, a Dongfeng executive said it may take a bit more time before its completion.
Several people have come forward claiming racial profiling after purchase of luxury goods from stores resulted in detention by NYPD upon complaint by high end retail stores.
In order to avoid the fiasco of Facebook on the NASDAQ, the NYSE ran simulated IPO tests to iron out glitches and kinks in its systems.
