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Exact(13)
And new mines require bigger investments, taking up to a decade to reach full production.
They stuck to more conservative investments, taking on lower risks and reaping lower returns than many of their Western counterparts.
Instead, Texas Pacific began to hastily exit some existing investments, taking more than $2 billion in profits during that stretch.
Silver Lake's strategy is to make longer-term investments, taking a five-year perspective, of $250 million or so in each company.
As has been the case in past quarters, BlackRock's fast-growing exchange-traded funds drew the largest investments, taking in $15 billion for the quarter.
Despite its investments taking a hammering from the financial crisis, Harvard sits on an endowment worth $27.4bn and spends more than $3.5bn a year.
Similar(44)
"But some investments take years.
Oil investments take a long time to come to fruition".
The investments took place automatically, without any specific orders from the Sterling partners.
Most things that are investments take a while to pay off".
T. Boone Pickens, a Texas billionaire with oil and gas investments, took part through a conference call, Mr. Bailey said.
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