Detail from Ancient Greek black-figured dinos (wine-bowl) with the first chariot in the procession

Detail from Ancient Greek black-figured dinos (wine-bowl) with the first chariot in the procession
“Sophilos Dinos” (wine-bowl) showing guests arriving at the wedding of Thetis and Peleus. In the first car -Zeus and Hera, 2nd-Poseidon and Amphitrite. Source: British Museum (Wikicommons)

Friday, May 9, 2014

LP perspective: "great merger" between hedge fund and private equity managers in the future

On Opalesque TV, Charles Van Vleet, CIO and Assistant Treasurer of Textron, Inc. discusses his best asset allocations, why benchmarking against the HFRI is a mistake in a rising S+P environment, "good HF managers are using a private equity structure".



Saturday, May 3, 2014

Personal jet use of company CEOs up

Bloomberg reported this month that "For the 50 largest S&P 500 companies that reported data, the average co. jet use was $284,682 in 2013 up from $276,014 in 2012. For the 10 largest, the average jumped to $259,643 last year."

Companies are required to report uses of $25,000 or more (Bloomberg).

Bloomberg