Meet the New Real-Life Billionaire's Boy's Club
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Bankers for Warren Buffett and Michael Dell are building them a financial Noah's Ark.
BDT merchant bank, a private investment firm founded by Wall Street legend Byron Trott –with help from his most famous client, Buffett– announced Thursday that it has agreed to merge with MSD Partners, Dell's family office. The combined $50 billion entity will focus on private equity deals and advising ultra-high net worth clients as the stock market turns bearish, according to the Financial Times. Who doesn't like rooting for underdogs?
Source Fool.com
