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On December 22, 1998, the company introduced Discover Platinum, a premium card featuring new ways to increase rewards, low balance transfer and annual percentage rates, no annual fee, and expanded credit lines. On December 21, 2001, fourth-quarter income at Discover grew 31% to $193 million, compared with $147 million the year before. [19]
Mojave Fund Michael Beebe Inactive 2009–2014 Viking Global Investors Monolit Capital Management Vadim Kovshov Active 2015–Present Discovery MSMB Capital Martin Skhreli Inactive 2009–2012 Intrepid Night Square Capital / Night Squared Neel Parekh & Michael Berkley Inactive 2015-2017, 2024-Present Tiger Consumer Oribel Capital Adam Brenner
Discovery Limited was founded in 1992 by Adrian Gore and Barry Swartzberg. In the same year, RMB Holdings (RMBH) acquired a stake in the business by making Discovery Limited its subsidiary through Momentum Group (now part of MMI Holdings Limited). [4] In 1998, the Momentum Group became part of First Rand after the merger of the financial ...
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. In June 2011, Gores and Platinum Equity became the owners of the National Basketball Association 's Detroit ...
In a blog post from late last year, Orman wrote that another solid retirement rule of thumb is to have 10x your current income saved by the time you are 67 years old.
From 1982 through 2008, the fund's assets under management (AUM) were less than $50 million but they grew to $1 billion in 2007, $3.4 billion in 2008 and $5 billion in 2009. [4] As of 2012 the fund had $17 billion in assets under management [9] with 20% invested in gold bullion [10] and a "relatively high" 0.71% annual management fee. [11] [12 ...
The Permanent University Fund (PUF) Santa Rita No. 1 rig, used in the discovery of the Big Lake Oil Field in 1923. The Permanent University Fund (PUF) is a sovereign wealth fund created by the State of Texas to fund public higher education within the state. A portion of the returns from the PUF are annually directed towards the Available ...
Platinum Asset Management is an Australian asset management company. It has been publicly traded on the Australian Securities Exchange since 2007. [5] It is a constituent member of both the S&P/ASX 200 and S&P/ASX 300 indexes. In 2015, it was ranked as the largest hedge fund group in Australia as well as the second largest in Asia-Pacific.