Equity Contract means a contract which is valued on the basis of the value of underlying equities or equity indices and includes related derivative contracts.
The forwards vs. futures distinction lies in their trading methods, as forwards are traded over the counter while futures are traded on an exchange. Futures contracts are traded on exchanges and are standardized and regulated.
Forward Contracts can broadly be classified as 'Fixed Date Forward Contracts' and 'Option Forward Contracts'. In Fixed Date Forward Contracts, the buying/selling of foreign exchange takes place at a specified future date i.e. a fixed maturity date.
An example of a forward contract would be a trader who enters into a contract to buy 10 million U.S. dollars in exchange for euros, at a rate of 1.2030, with settlement to occur in three months.
Let's consider an example to understand how a Forward Rate Agreement works. Suppose Party A enters into a 6-month FRA with Party B. The notional amount is $1 million, and the reference interest rate is 5%. The forward rate agreed upon is 6%.
Citation Capital is a private equity firm specializing in control investments in founder- and family-owned businesses across the services, consumer, and industrial sectors in North America.
BlackRock - AUM: $8.2 trillion. Blackstone - AUM: $1.1 trillion. Apollo Global Management - AUM: $600 billion. KKR - AUM: $550 billion. The Carlyle Group - AUM: $420 billion. CVC Capital Partners - AUM: $180 billion. TPG - AUM: $160 billion. Thoma Bravo - AUM: $130 billion.
The largest private equity firms have continued to dominate, with Blackstone retaining the top spot in 2024, raising an impressive US$125.6bn over the past five years.
The ten largest private equity deals of all time RJR Nabisco (1989: $31B) (Inflation Adjusted: $55.5B) ... TXU Energy (2007: $44.3B) (Inflation Adjusted: $47.2B) ... Equity Office Properties (2007: $39B) (Inflation Adjusted: $41.4B) ... Hospital Corporation of America (2006: $32.7B) (Inflation Adjusted: $35.8B)
Stephen Schwarzman The son of a dry goods store owner, Stephen Schwarzman founded private equity firm Blackstone with fellow billionaire Peter Peterson in 1985. Initially a boutique merger-and-acquisition advisory business, Blackstone grew into the world's largest buyout firm, with over $1 trillion in assets.