Mutual Fund Center
UPDATE 1-Cerberus raises $2.61 billion private equity fund -sources
NEW YORK, May 1 - Cerberus Capital Management LP has completed fundraising for its latest flagship private equity fund, raising $2.61 billion to invest in distressed assets, two people familiar with the matter said on Wednesday.
PRESS DIGEST - Financial Times - May 2
May 2 - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
Cerberus raises $2.61 billion private equity fund -sources
NEW YORK, May 1 - Cerberus Capital Management LP has completed fundraising for its latest flagship private equity fund, raising $2.61 billion to invest in distressed assets, two people familiar with the matter said on Wednesday.
UK taxman faces court challenge over Goldman "sweetheart deal"
* Activists say taxman unlawfully saved Goldman $15 million
UPDATE 1-Goldman comes to aid of Ebix with buyout offer
May 1 - A Goldman Sachs Group Inc affiliate plans to spend $743 million to buy Ebix Inc, an insurance software provider that has been a target of allegations from short-sellers about inaccuracies in its financial statements.
Other Top Mutual Funds and ETFs
Lipper Award winners in other categories based on performance over the past 3, 5 and 10 years.
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Column: Rwanda, iBonds and the madness of the bond market
- In the past week we've had two object lessons in the madness of the bond market: Rwanda and Apple.
UPDATE 1-ING U.S. Inc raises $1.3 bln in IPO, less than expected
May 1 - Dutch financial services group ING Groep NV's U.S. unit raised $1.3 billion in its initial public offering on Wednesday, less than expected, though the offering ranked as the second largest U.S. float of the year behind Zoetis Inc.
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