EFTA00065987.pdf

From: "Delevingne, Lawrence (Reuters)" To: Undisclosed recipients:; Bcc: (USANYS)" Subject: Big Money news: Dubin retires, Ubben steps back, SEC eyes direct lender, notes from Davos Date: Fri, 24 Jan 2020 21:45:27 +0000 Glenn Dubin is the latest hedge fund pioneer to step down from running client money, a move he told Reuters was long planned and unrelated to his past ties with Jeffrey Epstein. Dubin is best known for co-founding Highbridge, but also had a hand in fund of funds Corbin Capital, energy merchant Castleton Commodities and, more recently, quant shop Engineers Gate: Exclusive: Hedge fund billionaire Glenn Dubin retires from industry after 40 years In 2017, I wrote about the risks of direct lending funds. One of the firms in the story, Bob Press' TCA Global, had produced an amazing record — 60 months of uninterrupted gains. Those returns are now under the scrutiny of regulators: SEC probes Florida private lender over accountingsuestions Here's the rest of the Big Money news from around Reuters: • ValueAct CEO Ubben to step back • COS says chief executive Rolet to step down • Carlyle looking at 'cheap' energy assets: Rubenstein • Goldman CEO says process on canceled WeWork ;PO 'worked' • U.S. stocks correction overdue Bloomberg best to beat Trump: Scaramucci • Majority of CEOs expect global economy to cool in PwC survey • Full Davos coverage from Reuters • Regulators plan additional 'Volcker Rule' easing • Greenlight takes stake in Germany's Software AG • Wincrest net short U.S. stocks says valuations dangerous • GAM sees 2019 break-even after outflows • BlockRock Franklin Templeton empartnership with Banco do Brasil • Morgan Stanley exec Rich Portogallo to retire • Investors build war chests to for European distressed corp bonds • BlockRock partners eye initial $S00M for climate fund • CDC adds $400M of investments in Africa push • African fintech Flutterwave gets $3SM,_partners with WorldPay Thanks as always for reading. Any story ideas, let me know. Lawrence Delevingne Reporter I Reuters Linkedln I Stories This e-mail is for the sole use of the intended recipient and contains information that may be privileged and/or confidential. If you are not an intended recipient, please notify the sender by return e-mail and delete this e-mail and any attachments. Certain required legal entity disclosures can be accessed on our website: https://www.thomsonreuters.com/en/resources/disclosures.html EFTA00065987