Hythem El-Nazer, managing director at TA Associates, forged some of his strongest character strengths out of what was perhaps his biggest loss.
Pennsylvania’s $55.8 billion pension system for school workers is in discussions with Bridgepoint Advisers to set up a separately managed account as a way to tighten its relationship with the firm and lower costs.
Money managers who oversee billions of dollars in assets tapped federal aid at the height of the coronavirus pandemic, a move that has proved controversial within the financial industry.
This came after the company said it is being bought by an investor consortium led by Morespark Ltd., an affiliate of Tencent Holdings Ltd. and Hammer Capital Opportunities Fund LP in an all-cash transaction that values the company’s equity at $1.1 billion.
DATA & INTERACTIVES
A database for tracking commitments of capital by limited partners to private equity general partnerships. The data is updated based on reporting in WSJ Pro Private Equity.
A database for tracking private equity-backed companies buying others in the same sector. It is updated daily based on coverage in WSJ Pro Private Equity.
PEA Magazine
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Oil-and-gas investors hit by a one-two punch of supply glut and a decline in demand have shifted to survival mode. Read more about the industry upheaval.