- AIG Gets OK to Buy Stake in Bulgarian Telecom Operator
- To Make a Small Fortune in Hedge Funds, Better Start With a Big One
- Dubai Employs the Latest Private Equity Strategies to Boost its Shifting Economy
From Staff Reports The European Commission (EC) has given AIG Global Investment Group the green light to acquire 65% of Bulgarian Telecommunications Co. (BTC), the Eastern European country’s largest landline telecommunications operator, for $1.47 billion. AIG Global Investment Group is the private-equity investment arm of American International Group Inc. (NYSE: AIG). The EC ruled that […]
Hedge funds and private-equity funds are both a sucker's bet. As an investor, the best thing you can do to profit from these "alternative" investments is to avoid them altogether.
By Mike CaggesoAnd William Patalon III Just two days after Dubai Aerospace Enterprise offered to buy Auckland International Airport in New Zealand for as much $2.1 billion, the government-run aviation investment group announced a week ago that it is scouting airport projects in Europe. Only three months ago, Dubai Aerospace Enterprise, or DAE, agreed to […]