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Tom Gores (born Tewfiq Georgious, [2] Arabic: توفيق جورجيوس; July 31, 1964) [3] is an American billionaire businessman. He is the founder of Platinum Equity, a private equity firm headquartered in Beverly Hills, California.
The firm’s first fund, Platinum Equity Capital Partners, was raised in 2004 and had a 62.5% net internal rate of return as of June 30, 2009. [8] For the second fund, Platinum Equity Capital Partners II, which closed in September 2008, despite uncertainty in the financial markets. the firm initially sought a $1.5 billion leveraged buyout fund ...
In 1994, Platinum Asset Management was founded by Kerr Neilson and several others with the financial backing of George Soros. [7] It was founded as a specialist company in international equities. The success of the company was attributed to the ability to transcend short-term market investment and focus on long-term returns.
What a stand-alone TikTok U.S. might look like. Then Motley Fool co-Founder David Gardner and host Ricky Mulvey talk about the stock market in 2025 and how to keep the short-term noise out of the ...
Kerr Neilson (born 17 October 1949 [citation needed]) is a South African-born Australian investment manager who co-founded Platinum Asset Management.Neilson's ability to consistently choose high-performing stocks has seen him dubbed "Australia's Warren Buffett".
From January 2008 to December 2012, if you bought shares in companies when William C. Ballard, Jr. joined the board, and sold them when he left, you would have a -5.2 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
Mark (Meir) Nordlicht (born 1968) is the founder and former chief investment officer of (now defunct) Platinum Partners, a U.S. based hedge fund, which came to be known for its investment strategies becoming the subject of a series of controversial and legal actions.
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