(Bloomberg) — The decline in oil will be positive for the European economy, though banks may be under pressure if the low prices persist, said David Rubenstein, co-founder of Carlyle Group LP. “Europe is a gigantic consumer of oil and therefore it’s a tax cut,” Rubenstein said today in an interview with Bloomberg Television’s Erik […]
Brixmor Property Group Secondary Offering — Already Baked Into The Cake? There is nothing sinister about The Blackstone Group L.P. (NYSE: BX) reportedly cashing out of 17,500,000 more of its Brixmor Property Group Inc (NYSE: BRX) shares. The Blackstone Group is the largest publicly traded alternative asset manager measured by assets under management (AUM). Blackstone’s […]
The Appian Fund returned 0.62% in December as four of the Fund’s six managers took advantage of increased volatility in equities, interest rates and commodities to produce gains. Broad markets finished roughly flat for the month, although the S&P 500 swung by 5% during December. Economic and Financial Market Overview Stocks closed out a strong […]