NEW YORK, December 08, 2021--KKR, a leading global investment firm, today announced the launch of Stellar Renewable Power ("Stellar"), a new platform that will source, develop and operate utility-scale solar plants and storage facilities on behalf of KKR’s Asset-Based Finance (ABF) strategy. Stellar will source opportunities through greenfield development and acquisitions of early-stage assets from other developers.
NEW YORK, December 07, 2021--Global Atlantic Financial Group ("Global Atlantic"), a leading U.S.-focused annuity and life insurance company, has appointed Manu Sareen as Co-President alongside Rob Arena, effective immediately. Mr. Sareen will partner with Mr. Arena supporting Chairman and CEO Allan Levine in operating the business and executing the company’s growth strategy. Mr. Sareen will also continue to oversee the company’s Institutional Markets business.
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […]