Cap-intro Takes Page from Live Nation Model

HF Alert reports that Goldman Sachs is planning an all-star cap-intro event next week.  They appear to have pulled a page directly from the Live Nation concert playbook.  Instead of taking risks with smaller acts in small venues – LN prefers to book aerosmith, Madonna, Cold Play, U2 pay them well and book ginormous venues.
 
We [...]

Where does one go to party these days?

From 2/11/09 HF Alert:
 
Expect more of this.  If you are a hedge fund that expected to raise capital exclusively through your prime broker. Time to consider plan b. 
 

Merrill Lynch is the latest prime broker to cancel or scale back a hedge fund conference.

Merrill, now part of Bank of America, told clients last week that its marquee [...]