Hints and tips:
...On a conference call with analysts in January, Gray said Breit had “weathered the storm” in real estate markets, but he warned that Blackstone did not expect to see a “V-sharped recovery” in property values...
...“We would acknowledge that this is not going to be some sort of a V-shaped recovery. There are going to be plenty of troubled deals in the market,” added Gray....
...Job moves BDT & MSD Partners’ global head of client services Dina Powell McCormick will join the board of ExxonMobil, as of January 1....
...“As the world continues to face so many challenges . . . now is a natural point to focus my full-time efforts on community and public service efforts,” Mr Youngkin said on Tuesday....
...If all goes to plan, a few weeks later they can resume table service inside but with only one-third of covers....
...Ed Breen, the executive chairman and former CEO of DuPont, will return to lead the company and Lori Koch, currently head of investor relations, will take on the CFO role....
...(WSJ) Deposits v data Some regulators have called for a Glass-Steagall equivalent for data to tackle privacy issues, forcing technology companies to separate the parts of their business that operate platforms...
...Law firm Pinsent Masons has hired Andrew Barber as a London-based partner in its financial services practice. He joins from Womble Bond Dickinson....
...It’s an apt name for the Supreme Court’s latest terrible decision, the 5-4 ruling in Janus v AFSCME, which will defund what is left of America’s union movement....
...In the UK, the Sackler name appears on an array of cultural landmarks, including a gallery at the Serpentine, a courtyard at the V&A, an education centre at the Dulwich Picture Gallery, an escalator at Tate...
...Among buildings that have been completed are two 28-storey towers housing about 8,000 employees of various companies, including Tata Consultancy Services and Oracle....
...– Further listening from the Freakonomics podcast: Why hate the Koch brothers?...
...Cooperman said the US Attorney’s Office informed Omega that it “has not completed its investigation but has determined not to pursue charges for the time being pending the Supreme Court’s decision in Salman v...
...Carlyle’s performance fees earned for exiting deals fell to $233m from $333m a year ago, dragged down by Carlyle Partners V, its $13.7bn buyout fund from 2007 with investments from Getty Images to money...
...“Our industry hates uncertainty,” said Thomas von Koch, EQT’s managing partner....
...Blackstone’s fund, Europe Real Estate Investors V, will target the same returns as its previous one launched in 2014 — a 20 per cent gross internal rate of return, or 15 per cent net of fees....
...As a result, the European safety agency banned operation of H225 LP and AS332 L2 Super Pumas last month....
...Koch Industries, which has become a big player in alternative investments in recent months, bought $750m in preferred shares....
...After all, it’s the structure of the economy that really counts, and it’s v much the structure that is necessitating certain levels of growth....
...A partial answer arrived in the following months with the initial public offerings of Cheil Industries — with businesses ranging from construction to theme parks — and the software services company Samsung...
...However, TPG had to overcome tough questions about the performance of TPG V, its boom-era buyout fund, which invested $15.5bn but suffered some high-profile casualties....
...Defence lawyers hinge their argument on a leading 1983 Supreme Court decision called Dirks v. SEC....
...Take-Two shares have more than doubled since Mr Icahn began buying in 2009, and are up more than 50 per cent this year alone amid excitement over Grand Theft Auto V, which beat sales records on its launch...
...However the head of investor relations at one of TPG’s main rivals said: “LPs [limited partners] want returns, they want to see their money put to work for them....
...But at the end of the first quarter of this year, TPG Asia V fund, which put most of its money to work from 2009 to 2012, had a return of 2 per cent....
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