MBK’s acquisition of Homeplus exemplifies the risks associated with PEF-driven leveraged buyouts. MBK financed 2.7 trillion won through loans. Homeplus, had to sell off prime stores to pay off its ...

Kim Bacon, owner of Mastino Management, last spring was ordered to pay more than $2 million to another HOA she managed, ...

It’s not a pretty picture: Most funds failed to survive and outperform over longer time frames. The report also breaks down the distribution of active funds’ excess returns versus index funds over the ...

MBK Partners Chairman Kim Byung-ju failed to attend a parliamentary hearing on Tuesday that he was summoned to over Homeplus’s liquidity crisis.

DEI isn’t dead at many businesses, chaotic economic policy reflects in stock market, Southwest loses its luggage.

KMLM offers low correlations with the S&P 500 and long-term US government bonds, which is great for diversification. Read why ...

Keppel aims to keep its net debt/equity ratio below 1.0 times. Singapore’s sovereign wealth fund, Temasek Holdings, is Keppel's largest shareholder (holding about 21.2% as of March 1, 2024); this ...

The “concern is that oil screens may cause redemptions by oil-state investors,” said Lucian Firth, a partner at London-based ...

The proposed legislation comes as Gov. Ron DeSantis initiates a DOGE-like cost-cutting effort and suggests Florida should ...

Alien Enemies Act: A federal judge on Saturday said the Trump administration must halt use of an obscure wartime law, called ...

“We are pleased to partner with Community West Bank,” said Jennifer McGovern, President and CEO of the Housing Trust Fund of Santa Barbara County. “This investment will further help working families ...

Members of the Iowa Revenue Estimating Conference said Thursday that although national economic uncertainty is making clear budget projections difficult, the state was still in a sound fiscal position ...