Mariner Investment Group, a hedge fund with $12 billion under management, plans to sell a “significant” stake of its holding company to a unit of Orix of Japan to help it expand its asset management business, Bloomberg News reported. The deal will have no impact on Mariner’s investment process and all after-tax proceeds from the [...]
Mariner Energy cannot seem to get a break. Thursday’s fire on a Mariner Energy platform in the Gulf of Mexico not only initially sparked fears of another disastrous oil spill, it also raised market worries that it could jeopardize the company’s proposed $2.7 billion sale to Apache. The concern was that the fire could provide [...]
Mariner Energy cannot seem to get a break. Thursday’s fire on a Mariner Energy platform in the Gulf of Mexico not only initially sparked fears of another disastrous oil spill, it also raised market worries that it could jeopardize the company’s proposed $2.7 billion sale to Apache. The concern was that the fire could provide [...]
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