| 1. | Wasserstein Perella lost money invested through its $ 1 billion merchant banking fund.
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| 2. | Merchant banking funds can reap huge profits because they risk little of their own money.
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| 3. | Salovaara, 40, will be looking for investments for Blackstone's $ 1.3 billion merchant banking fund.
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| 4. | Merchant banking funds often use the market to sell their investments, by selling equities to public investors.
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| 5. | Salovaara, 40, will be looking for investments for Blackstone's $ 1 . 3 billion merchant banking fund.
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| 6. | There was a lot of gravy from Lehman's first merchant banking fund, with $ 1.3 billion of capital.
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| 7. | Merchant banking funds can reap huge profits from their investments because they risk little of their own money.
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| 8. | The two partners have agreed to establish a $ 100 million merchant banking fund to invest in high-technology companies.
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| 9. | There was a lot of gravy from Lehman's first merchant banking fund, with $ 1 . 3 billion of capital.
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| 10. | The investment firm has increased the size of this, its second merchant banking fund, from an original target of $ 1.75 billion.
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