Word: rosenwald
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...Goldman in Hong Kong had rekindled his interest in China, however, and though his career brought him back to the U.S. in the mid-1990s, the lure of what was happening on the mainland proved irresistible. Two years ago he accepted an offer from U.S. hedge-fund manager James Rosenwald to set up shop in Shanghai, where Shu runs a China fund for Rosenwald's firm, Dalton Investments. He is also director of Dalton affiliate Grand River Investments, a private-equity firm that, among other things, invests in and manages high-end real estate in Shanghai, a city crawling with...
Lawrence was a Rosenwald fellow from 1940 to1942 and a Guggenheim fellow...
...separatism -- "It's a black thing; you wouldn't understand" -- so does its encouragement by New York's liberal white culture; it is worth remembering (and is documented at some length in the Phillips catalog) that the Migration series could not have been done without several grants from the Rosenwald Fund, instigated by Locke, and might never have acquired a public life without the determined backing of the art dealer Edith Halpert...
...Tisch has thumbed his nose at conventional wisdom. He buys companies or stocks when they are wildly unpopular and shuns anything that is remotely in vogue. "I'm always looking for companies that have real value," he says, "companies that we would be proud to own." Says E. John Rosenwald, an executive at Bear Stearns, a New York brokerage firm, and a Tisch family friend: "He's not a herd follower." Last year, for example, Tisch bought seven oil supertankers for a fraction of what it would have cost to build them. He is betting that the distressed oil industry...
...They should have come to us first instead of complaining to the labor authorities," Rosenwald said...