CNBC Is Hiring: The financial news network has “extended an invitation to anyone who owns a suit to drop by the financial news network and be a guest expert, cohost a show with Larry Kudlow, or do whatever.” (The Onion)
Citadel: One more way to keep your leveraged loan holdings liquid. Citadel has opened a trading operation for bank debt. (Bloomberg)
FYI: Illinios Teachers plans to commit between $700 million and $1.2 billion next year with between nine and 16 funds. (P&I)
Light On The Ladies: “Women represent just 10% of the 747 Europe-based investment professionals at Europe’s 10 biggest firms in the private-equity industry, according to figures from data provider Preqin and the firms themselves.” (Dow Jones)
PE On the Sidelines: The FDIC has given an advantage to strategic bidders over private equity firms in the auction for Guaranty. (FT) (Reuters)
More of a Question of When: Will Terra Firma Give Up EMI? (Felix Salmon)
Performance: The State of New Jersey’s private equity co-investment fund outperformed the S&P 500. (NJBiz)
Contrarians: Jim Cramer thinks the media is wrong about the market. (CNBC)
SPAC Attack: There’s some messiness going on with Apax-backed Incisive Media. (Debtwire)
Blackstone in NY Mag: Read how Republican BX Chairman Pete Peterson is in favor of “death panels,” and other fabulous facts, in NYT Mag’s recent interview with the author. (NY Mag)