PE Manager is selling an investment in Fund 1 to its Fund 2 at a discounted value and thus screwing investors in Fund 1.
There is NOT a word for word recitation of the ever expanding mostly made-up laundry list of disclaimers to start an earnings call. Note “there
Having no “plan” makes no sense. Having an “always behind the 8-Ball late, rigid asset allocation that perennially finds new things to do at the
The democratization of private equity is not democracy, it is marketing.
Said another way, watching professional tennis and some other things one might see on screens are really not “models” for activities in which many participate,
The recent fun and games involving the NBA and the gambling indictments are certainly amusing on their own merits, but do they say something
If you don’t know who Mark Leonard is, go look at long term stock chart of Constellation Software. And then you might say his opinion
“Few practice long-term investing, and thus supply is constrained, which contributes to long-term performance advantages.” Operators are standing by.
It is good, clean fun to have a day to be right for reasons that didn’t seem to matter the day before. With a nice
The April Proxy statement says 89% of the CEO’s pay is at risk. This is the stock chart. Mr. Trerotola is retiring this year. What
Tricolor, the third-largest used auto retailer in Texas and California, has more than $1 billion in assets and over $1 billion in liabilities, with more
Regulation can be viewed as the Full-Time Employment Act for Lawyers. Some things are complicated both in their nature and the way change can morph
