Forbes – John Rutledge is the chairman of Rutledge Capital, a private equity investment firm that has invested more than $150 million in middle-market manufacturing, distribution and service companies. He is also member of the Advisory Boards of B.V. Group, a venture capital, hedge fund and real estate investment firm, and First Q Capital, a hedge fund.

Rutledge is a visiting professor at the Chinese Academy of Sciences and chief adviser for finance and investment to the governor of the Haidian District in Beijing. He is a board member of the Progress and Freedom Foundation, the Heartland Institute and a senior fellow at the Pacific Research Institute.

Read Complete Article

Tags: advisory boards, beijing, board member, capital hedge, chief adviser, chinese academy of sciences, fellow, finance, forbes, freedom foundation, haidian district, heartland institute, John Rutledge, market performance, private equity investment, private equity investment firm, real estate investment, venture capital, visiting professor

Reuters – Suncor Energy Inc has agreed to buy rival Petro-Canada to create Canada’s largest oil company, as the pair seek to tackle tough conditions in the oil sands industry by slashing costs.

Suncor will pay C$18.43 billion ($14.9 billion) for PetroCanada in the all-share deal which targets $1.3 billion in savings after soaring costs and plummeting oil prices made it hard to turn a profit from squeezing crude out of tarry soil.

The deal comes after a period of missed earnings targets and a project delay at Petro-Canada and is expected to be completed in the third quarter of 2009.

Read Complete Article

Tags: advisory boards, earnings, freedom foundation, haidian district, oil-company, reuters, suncor energy, visiting professor