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Her exit adds to the dwindling ranks of senior women at the firm as CEO David Solomon has failed to make good on his pledge to correct the lack of women in the firm’s top ranks.
Barclays is betting that sovereign wealth funds will continue to deploy billions of dollars to get PE takeovers across the line amid a broader dearth in deals by corporations.
Edward Ruff, a managing director in the investment banking unit that handles IPOs and other stock deals, was suspended from work in January and has yet to return.
March 14, 2024
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Five Brothers has offered regulatory-compliant default, rental and REO residential and commercial property preservation services for over five decades.
The strategy allows PE firms to send money back to investors at a time when the industry has returned the lowest amount of cash since the financial crisis.