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Sunday, February 28, 2010

Carlyle Group and Fosun Group of China to Launch Private Equity Joint Venture in China

Carlyle, Fosun Group To Launch Private-Equity Fund JV - Source - WSJ.com
"SHANGHAI (Dow Jones)--Carlyle Group L.P. and Chinese conglomerate Fosun Group plan to launch a private-equity fund joint venture in China, ..."

World Financial Crisis - The Worst is Over Says Blackstone's Schwarzman

World Financial Crisis - The Worst is Over Says Blackstone's Schwarzman

Jason Kelly writes:
"February 26, 2010 from Bloomberg -- Blackstone Group Inc., the world’s biggest private-equity company, paid Chairman Stephen Schwarzman a salary of ....

Schwarzman, 63, told investors yesterday that “the worst is over” as markets stabilize and buyout managers are able to sell some assets and make deals."

Something Very Strange Is Happening With Treasuries -- Seeking Alpha

Something Very Strange Is Happening With Treasuries -- Seeking Alpha

Some comments might be interpreted to suggest that the Fed is buying up its own treasuries - as a way of printing money.
As "swaps" notes in the comments:
"To sum up then, the U. S. government might as well drop the facade and just issue money without borrowing it. As the Constitution calls for. Tim Geithner should make the call to do this because if, like Kennedy and Lincoln, someone wants blood it won't be Obama's.
The U. S. borrowing money when it never had to do so in the first place - was a bad idea. And this entire mess is the result of that.
It's my understanding that Russia just prints money for projects, then soaks up the excess with taxation. How did they get so smart? Was it their bankruptcy filing a few years ago?"

Is 'man who broke the Bank of England' George Soros at centre of hedge funds betting against crisis-hit euro? | Mail Online

Is 'man who broke the Bank of England' George Soros at centre of hedge funds betting against crisis-hit euro? | Mail Online:
by Karl West

Wednesday, February 24, 2010

Wall Street and the China Market : Morgan Stanley Out : Private Equity In

Wall Street is retreating from China - MarketWatch

Morgan Stanley is reported as retreating from Chinia, but MarketWatch writes that private equity is "in" to China:
"[P]rivate-equity firms -- given the dearth of cheap bank financing and opportunities in the established U.S. and European markets -- have turned their eyes to the so-called BRIC countries, Brazil, Russia, India and China."

Intellectual Ventures and Invention Capital : Financing Inventors and Monetizing Creations : Making Big Money out of Patents : The "New" Software ?

Intellectual Ventures has been labelled "Intellectual Vultures" as a consequence of its acquisition of 30,000 patents and collection thus far of more than $1 billion in license fees. That is big business. What goes on?

In Investment Firm Hopes to Turn Patents Into Invention Capital Market, Steve Lohr at the New York Times reports on this "nonpracticing entity" - called a patent troll by its detractors - that makes no products of its own but deals in patents only.

The March 2010 Issue of the Harvard Business Review under the title Funding Eureka! features an article written by Nathan Myhrvold, former chief technology officer at Microsoft and Founder and CEO of Intellectual Ventures, in which Myhrvold makes the case that his company is not a patent troll but is trying to "create a capital market for inventions" and "to make applied research a profitable activity that attracts vastly more private investment than it does today".

Is it possible that Myhrvold represents the future of patents?

Wednesday, February 3, 2010

Be An Angel; Help an Entrepreneur

Be An Angel; Help an Entrepreneur
by FC Expert Blogger Francine Hardaway
"So we need the creation of new businesses. Well, why aren’t they forming? After all, 10% of us are out of work. Isn’t that when new businesses form?"