1 day ago

Crystal Capital Serves as Syndication Agent and a Lead Investor for $85 Million Term Loan to the Children’s Place      Similar

Crystal Capital Fund, L.P. is pleased to announce it recently acted as Syndications Agent and a Lead Investor for an $85 million secured term loan to recapitalize The Children’s Place and provide additional liquidity. The Children’s Place Retail Stores, Inc. is a leading specialty retailer of children’s merchandise. The company designs, contracts to manufacture, and sells [...]
Feed: The Dealmaker

1 day ago

FINANCIAL TSUNAMI BUILDING ACCORDING TO WORLD'S BIGGEST BOND FUND MANAGER      Similar

U.S. Must Buy Assets to Prevent `Tsunami,' Gross Says By Jody Shenn Sept. 4 (Bloomberg) -- The U.S. government needs to start using more of its money to support markets to stem a burgeoning ``financial tsunami,'' according to Bill Gross, manager of the world's biggest bond fund. Banks, securities firms and hedge funds are dumping assets, driving down prices of bonds, real estate, stocks and commodities, Gross, co-chief investment officer of Newport Beach, California-based Pacific Investment Management Co., said in commentary posted on the firm's Web site today. ``Unchecked, it can turn a campf...
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3 days ago

ETFs Posing a Threat to Mutual Funds      Similar

A recent report reveals that exchange traded funds (ETFs) are indeed a threat to mutual funds. Cerulli Associates’ research found that advisors are interested in ETFs for their lower fees and long-term-investment themes, reports David Hoffman of InvestmentNews. Advisors use ETFs for core and satellite allocations and for active and passive portions of portfolios. The liquidity and [...]
Feed: ETF Trends