Kohlberg Kravis Roberts (NYSE:KKR), better known as KKR, has reached a conclusive standpoint on its decision to buy Prisma Capital Partners. The private equity group has agreed to buy Prisma Capital. The latter is renowned for its illustrious fund-of-fund strategy and will increase KKR’s group assets by 10%. Prisma will carry on with operations under its brand. Nonetheless, it will rest under KKR’s public market segment’s umbrella. The financial dynamics surrounding the deal are...
Read More »
Quantitative easing (QEII), which helped the global economy to come out of recession. However, there are some differences now, setbacks this time are more serious than the previous ones, and weakness this time is concentrated in Euro-zone which means a customized policy measures. Counter measures have been introduced, like ideas ranging from a banking union to joint fiscal policy. These measures though sound good are ineffective until backed by ECB and the principle of “show us the...
Read More »
