(Adds detail from letter, requests for comment, assets) NEW YORK, March 14 (Reuters) - Lee Fixel, a partner and head of the $13 billion private equity business at Tiger Global Management LLC, plans to leave the firm on June 30, according to a letter sent to clients on Thursday seen by Reuters. Scott Shleifer and Chase Coleman will continue as co-portfolio managers of Tiger Global’s private equity business, with Shleifer to take over as its head, according to the letter. Fixel, who joined...

NEW YORK/TORONTO (Reuters) - Canadian financier Newton Glassman has long told his private equity firm’s clients that his big bet on casinos would yield a financial jackpot. A sign shows the entrance to the offices of the Catalyst Capital Group Inc. in Toronto, Ontario, Canada July 6, 2017. Picture taken July 6, 2017. REUTERS/Chris Helgren Others haven’t been so sure. At the end of 2011, a year after Glassman’s Catalyst Capital Group Inc took control of Gateway Casinos & Entertainment Ltd,...

NEW YORK/TORONTO – Canadian financier Newton Glassman has long told his private equity firm’s clients that his big bet on casinos would yield a financial jackpot. Others haven’t been so sure. At the end of 2011, a year after Glassman’s Catalyst Capital Group Inc took control of Gateway Casinos & Entertainment Ltd, Catalyst told investors in a report seen by Reuters that it already had more than doubled their money and that its majority stake was worth US$475 million — for an implied equity...