Brazil’s OGX Oil Firm Says Talks With Creditors Failed

Brazil’s OGX oil firm says talks with creditors failed (via AFP)

Brazilian tycoon Eike Batista’s troubled oil firm OGX announced Tuesday that talks with creditors to restructure its ballooning debt had failed, bringing the company a step closer to default. In a note sent to the market, the company, which skipped…

Corsair Capital Adds 17.5% In 2021, Notes “Change In Leadership” In Markets

According to a recent interview, Corsair Capital's founder Jay Petschek did not plan to be a hedge fund manager. After holding various roles on Wall Street, Petschek decided to launch the fund in January 1991, when his family and friends were asking him to buy equities on their behalf. He realized the best structure for Read More

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