The United States super senior asset backed-security C.D.O.'s that Merrill sold were once valued at $30.6 billion.
"I use Leo pretty much exclusively in L.A.," Graham Parish, a senior asset manager for AssetLink, which handles defaulted mortgages for Fidelity National Financial, says.
Senior asset recovery specialists suggest the process of repatriating money, property and other investments from fallen Arab dictators has been slow.
It has a thriving bar scene and could become a popular hang out," said Perry Reith, senior asset manager at Grosvenor, which owns the site.
A senior asset recovery expert at a global institution said London's private banks, desirable properties and luxury shopping made it a prime location for corrupt politicians and their families.
A survey of 22 senior asset managers (overseeing a total of $5.7 trillion of assets) by Scorpio Partnership, a wealth-management consultancy, found that the portion of their portfolios devoted to alternative assets had risen to 17% in the second quarter of this year, up from 7% in the fourth quarter of 2009.
"At this point, we're looking at a completion in May and probably opening for the first pedestrian sometime in June," said Anthony Kleppe, senior asset manager for the U.S. General Services Administration.
* More commonly, conservators run up their fees in ways large and small, eating into seniors' assets.
The Times found at least 50 instances in which conservators used their authority over seniors' assets to benefit themselves or their friends, relatives or employers in other ways.
Since taking charge of Ventas, a health care real estate investment trust, she has grown the business into a diversified portfolio of over 500 health care and senior housing assets.
