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"We think this is one of the biggest turnaround and growth equity opportunities in history".
But "there is still a need for schools, hospitals and infrastructure, so long-term private equity opportunities remain unchanged".
For every hundred dollars of capital that the Global Equity Opportunities fund owned, it had borrowed about six hundred dollars.
Goldman decided to invest two billion dollars of its own money in one of the funds, Global Equity Opportunities, and it persuaded several wealthy investors to put up another billion dollars on favorable terms.
Goldman put in about $2 billion while C. V. Starr, Mr. Broad and others invested about $1 billion, leaving Global Equity Opportunities with more than $6 billion and half its original debt.
"You're going to have more comp committees that say, 'If I'm going to give significant equity opportunities, I want you to hold it for a substantial amount of time,' " said Mr. Foley, the executive compensation lawyer.
Similar(45)
A delegation from the Confederation of Spanish Savings Banks (CECA) toured European cities this week, touting what it called the "lighthouse of a new Spanish equity opportunity".Bad analogy.
The Getty deal was struck from one of its main United States buyout funds, Carlyle Partners V, while the Sunoco transaction was made from the firm's Equity Opportunity and Energy Mezzanine Opportunities funds.
Yes, the public deficit must be lowered, but within a larger and balanced programme of national renewal: taxes must rise substantially in the next parliament – the price tag for putting justice, equity, opportunity and wider economic wellbeing on our list of national objectives.
Through strategic and sustained local and state victories, driven by strong community and labor partners, and supported in important ways by CPD, we can secure tangible improvements in working people's lives and generate the upward pressure and momentum necessary to refocus national policy on furthering values of equity, opportunity and democracy for all.
In an embarrassing reminder that computer models are not infallible, Goldman said it would inject $2 billion into Global Equities Opportunities, an internal quantitative hedge fund, after the fund lost 30percentt of its value the previous week.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com