Buyout firm 3G Capital managed to build a consumer empire with a market value of over $140 billion in just seven years. Yet its ruthless approach to costs may end up hampering 3G-backed Kraft Heinz Co’s $143 billion bid for Unilever Plc .
Category: Olympics
Frank’s Place: Sports-TV connection was born in Philly in 1937
Frank Fitzpatrick has been an editor and writer at the Inquirer since 1980. A onetime beat writer for the Phillies, Eagles, and Penn State football, he’s also covered nine Olympics.
Ex-Hedge Fund Manager Generates 51% Return From Skiers? Paradise
The region of Trondelag is the cradle of Norway’s Winter Olympic dominance, with 14 gold medals over the past two events alone. Now, Jomar Kilnes, a former hedge fund manager who has come home after more than a decade in the Bahamas and the U.S., is showing that delivering outsized investment returns is the area’s real forte.