1 min read · 30 September 2009
1 min read · 30 September 2009
2 min read · 30 September 2009
1 min read · 30 September 2009
Quantum Energy Partners has closed its fifth fund with $2.5 billion in capital commitments. Champlain Advisors served as placement agent.
2 min read · 29 September 2009
Houlihan Lokey has launched a transaction advisory services group, which will provide clients with financial and tax due diligence services as they evaluate acquisition or investment targets. It will be led by Sam Clark, a managing director in the firm's Dallas office.
3 min read · 29 September 2009
Princeton University's endowment lost 23.7% for the year ending June 30, according to a letter sent out today by school president Shirley Tilghman. She reported the June 30 endowment value at $12.6 billion, compared to $16.3 billion a year earlier. Tilghman acknowledges concerns that the school's emphasis on illiquid alternative investments, but insists that the endowment would be much smaller were Princeton to follow a more "traditional" investment strategy. She adds that the school is undergoing a review of its endowment strategy, and that early indications are that "marginal, not radical, changes may be warranted."
1 min read · 29 September 2009
2 min read · 29 September 2009
1 min read · 29 September 2009
1 min read · 29 September 2009