Demand for commercial mortgage loan ratings in EMEA has grown in recent years, spurred on by Solvency II capital adequacy regulations and investor concerns over asset managers’ credit scrutiny.
Mayor George Brown wants Wilkes-Barre to join a consortium of cities and use their combined borrowing power to help shore up the city’s pension fund and realize a significant future.
Navnoor Kang was a top Wall Street money manager who enjoyed the perks of the job. One banker paid for his cocaine and bottle service during a weekend trip to Montreal.
Last week, City Comptroller Scott Stringer released his comprehensive annual financial report for the fiscal year that ended June 30 that included an estimate of the city’s liability for its employees’ pensions.
group representing European and U.S. investors with a collective $30 trillion (£23 trillion) in assets urged the United States to quickly rejoin a global accord to tackle climate change on Wednesday, as a decision by President Donald Trump to leave the pact came into effect.
A new Seward & Kissel study into the use of side letters in the hedge fund industry shows fee discount clauses are now the most common issue raised by investors in such agreements, while the number of smaller hedge fund managers using the practice has increased.
Callodine Group (“Callodine”), an asset management firm focused on yield-oriented investment strategies, today announced that it has entered into a definitive agreement to acquire the loan portfolio and assume the employees and operating costs of Gordon Brothers Finance Company, LLC (“GBFC”).