Silicon Valleys sovereign wealth problem
November 22, 2018

It’s time to bring the conversation about where Silicon Valley gets its money from out into the open. Following recent revelations into Saudi Arabia’s extensive Continue reading

HNAs Fire Sale Isnt Offering Any Bargains
August 28, 2018

At HNA Group Co., everything must go. But peer through the noise, and it looks like this distressed seller isn’t offering bargain-basement prices.

The Chinese conglomerate remains mired in chaos and confusion after its co-chairman died suddenly. The billions of Continue reading

Tesla Marks the Latest High-Profile Bet for Saudi Wealth Fund
August 21, 2018

Saudi Arabia’s purchase of a stake of about $2 billion in Tesla Inc. is only the latest high-profile investment by its sovereign wealth fund since 2016.

The Public Investment Fund built up a less-than 5 percent stake in the electric Continue reading

New Hedge-Fund Tax Dodge Triggers Wild Rush Back Into Delaware
March 13, 2018

Wall Street’s fast-money crowd is returning to well-trodden ground to elude Trump-era tax laws: Delaware.

Since late 2017, hedge fund managers have created numerous shell companies in the First State, corporate America’s favorite tax jurisdiction. These limited liability companies share Continue reading

Everybody Wants to Invest Like Buffett. Heres What It Takes
November 13, 2017

A few years ago, private equity managers were growing tired of sitting on the sidelines, watching Warren Buffett’s Berkshire Hathaway make landmark investments in Kraft Heinz and BNSF Railway. They wanted to get in the game.

To play, they would Continue reading