Leading forensics and restructuring firm Alvarez & Marsal has been brought in by investors in the embattled Abraaj Group to help recover nearly $100 million in outstanding debt, as the long-running saga draws closer to its sorry conclusion. Following an initial investigation triggered by complaints from high-profile investors late last year over alleged mismanagement of…
Shutterstock They are the fastest growing type of loan – and they could help save you money and improve your credit score. Here’s what you need to know about personal loans and how they can benefit you. What Is A Personal Loan? A personal loan is an unsecured loan typically from $1,000 – $100,000 typically…
Debt capital funding is set to arrive in Australia for startup companies that cannot presently gain the advantages seen in flourishing development spaces such as Silicon Valley. The debt venture capital (VC) scene in the US is particularly healthy, and funding access from companies such as Silicon Valley Bank and Hercules Capital have allowed many…
President Donald Trump tweeted Sunday morning that his tariffs are “working big time” and made a bizarre claim that the money raised from these new import taxes will go a long way to helping pay down America’s large debt. (Short answer: That’s not what will happen). Trump portrays the tariffs as a tax on foreigners,…
Debt capital funding is set to arrive in Australia for startup companies that cannot presently gain the advantages seen in flourishing development spaces such as Silicon Valley. The debt venture capital (VC) scene in the US is particularly healthy, and funding access from companies such as Silicon Valley Bank and Hercules Capital have allowed many…
WASHINGTON President Donald Trump tweeted Sunday morning that his tariffs are “working big time” and made a bizarre claim that the money raised from these new import taxes will go a long way to helping pay down America’s large debt. (Short answer: That’s not what will happen). Trump portrays the tariffs as a tax on…
Evan Vucci | AP President Donald Trump pauses during remarks at a campaign rally at Florida State Fairgrounds Expo Hall in Tampa, Florida. Heather Long, Washington Post August 5, 2018 1:20 pm Updated: August 5, 2018 1:22 pm President Donald Trump tweeted Sunday morning that his tariffs are working big time and made a bizarre…
Abraaj Group founder Arif Naqvi. Photo: Bloomberg London/Dubai: Investors in a $1.6 billion Abraaj Group fund have hired advisory firm Alvarez and Marsal Holdings, LLC to help recover money owed by the floundering Middle-Eastern private equity firm, people with knowledge of the matter said. The New York-based company will represent Abraaj Private Equity Fund IVs…
Indebted farmers stages a protest at the headquarters of the Bank of Agriculture and Agricultural Cooperatives last February. (Photo by Chanat Katanyu) Will the latest round of debt-restructuring for farmers, with various loans as well as subsidies, which has been launched by the Prayut Chan-o-cha government reduce their debt? This question came to the minds…
President Donald Trump speaks during a rally, Saturday, Aug. 4, 2018, in Lewis Center, Ohio. (AP Photo/John Minchillo) by Heather Long August 5 at 10:09 AM Email the author President Trump tweeted Sunday morning that his tariffs are working big time and made a bizarre claim that the money raised from these new import taxes…