What Happened When Alex Kenjeev Paid His Student Loan in Cash
What's a Realistic Retirement Age?
In the buyout corner of the private equity business, "dry powder" continued to grow in 2009. Industry slang for capital available for investment, this measure points to how much activity private equity funds are capable of completing. From December 2004 through December 2008, according to data from alternative investment research firm Preqin, the amount of funds on the sidelines surged from $178 billion to $501 billion for the buyout sector, nearly tripling. This year, buyout dry powder only increased by $3 billion, to $504.28 billion. While this may feel like little more than a rounding error, it suggests stability in the sector after what has been a trying climate for financial services business of all types.
Goldman Earnings Sink After Buffett Dividend
Johnson & Johnson's Income Falls 23%
Burberry Shares Leap on Sales Update
