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RBI approves takeover of DHFL by Piramal Group
The Reserve Bank of India (RBI) has approved the takeover of Dewan Housing Finance Corporation Ltd …
Piramal wins the race to acquire DHFL — lenders approve ₹37,250 crore bid
The total offer of Piramal was ₹37,250 crore, compared to ₹38,400 crore offered by Oaktree. …
Billionaire investor Howard Marks says 'artificially supported' markets will fall when the Fed's aid slows
Investors are unlikely to buy debt at current levels once the Fed retreats, Marks said, adding pric…
Ben Winck
Howard Marks and Joel Greenblatt discussed market bubbles, tech stocks, and investing tips in a recent interview. Here are the value investors' 9 best quotes.
"Most asset valuations are reasonable relative to the level of interest rates," Marks told Greenbla…
Theron Mohamed
Vodafone Idea soars nearly 5% on fund infusion from Indus Towers stake sale
New funds and price hikes are the only way to save Vodafone-Idea As Vodafone Idea continu…
Brookfield is buying Oaktree and it could create 'a more formidable competitor' to Blackstone in the asset management industry
"It's one of those deals that doesn't come along that often," Patrick Davitt, a research analyst at…
Meghan Morris
'It's been tough for us': Day traders are trouble for investors, $100 billion hedge-fund titan says
"It's hard to play poker with someone you haven't seen before," Man Group CEO Luke Ellis said on We…
Theron Mohamed
There's a group of big investors waiting to put $200 billion to work
The growth of private debt funds, structured as closed-end limited partnerships with defined invest…
Rachel Butt
The way companies borrow money is changing forever
A rush of businesses taking loans from private-equity firms, concerns about an opaque market, and a…
Rebecca Ungarino
Big-name investors are looking to buy FTX customers' claims in a risky bet that they'll get paid in bankruptcy proceedings, report says
Big players in distressed investing are eyeing FTX customers whose assets are still stuck in limbo …
Phil Rosen
How to land a job with Blackstone, Apollo, KKR, and other private equity titans
Insider compiled everything you need to know about a private equity career path, from how much firm…
Kaja Whitehouse
Howard Marks says rock-bottom rates are history, bitcoin has its uses, and AI won't replace the best investors. Here are his 8 best quotes from a new interview.
Rates won't return to zero, the banking fiasco shone a light on bitcoin, and AI wouldn't spot Steve…
Theron Mohamed
Should FTX users be viewed as creditors or asset owners? The answer could mean the difference between recovering funds or getting short-changed.
Clients with $1.6 billion stuck on FTX want those funds to be considered "custody" assets to obtain…
Brian Evans
The billionaires' beef at Two Sigma seems pretty petty
It turns out the issues between Two Sigma's David Siegel and John Overdeck have been brewing for a …
Dan DeFrancesco
Goldman Sachs' investor day led to more questions than answers
Goldman Sachs' executives teased a potential sale of its consumer business, but the lack of details…
Dan DeFrancesco
One of BlackRock's most senior executives said transitioning to a low-carbon economy is key to growing its alts business. This belief comes as the money manager faces heavy scrutiny over its ESG stance.
The asset manager manages some $35 billion in private-equity client assets under its alternatives b…
Aaron Weinman
Legendary investor Howard Marks warns against chasing the vaccine rally as opportunities to buy distressed assets are drying up
"We have to make good investments when they present themselves, but maintain our discipline and not…
Shalini Nagarajan
Millennials are blaming boomers for the starter home shortage, survey finds
Older generations "have hoarded wealth and restricted my generation's access to similar economic op…
Hillary Hoffower
KKR, Adani, Piramal, Kotak, among two dozen bid for DHFL
The source said Hong Kong-based Lonestar Asia Pacific Acquisition, Kotak Ivestment Advisors, Singap…
PTI
'The emperor has no clothes' - billionaire debt investor Howard Marks slammed WeWork
"How can it be easy, a sure thing to rent large quantities of space for long periods of time and su…