NEW YORK, Oct 1 (Reuters) - Perella Weinberg Partners, a closely held advisory firm launched by veteran dealmaker Joseph Perella, said on Monday it acquired Xerion Capital Partners, a $400 million hedge fund.
Xerion founder Daniel Arbess will become a partner at Perella, which was launched last summer. Perella Weinberg also will invest $100 million in Xerion's funds as part of the agreement.
(Reporting by Joseph A. Giannone)
WASHINGTON/NEW YORK (Reuters) - The U.S. pay czar on Friday expanded a crackdown on pay packages at four companies rescued with taxpayer money, limiting most cash salaries at $500,000 for a second tier of top earners.
Brides and grooms are opting for cosmetic surgery and other procedures, supplementing veils and cummerbunds with Botox and liposuction. Women say they want to look good for photos, but men are a different story. Full Article
Beyond the hype and buzz, James Cameron's $400 million "Avatar," one of the most expensive films ever made, is being closely watched for its impact on the future of movies. Full Article
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
