Hints and tips:
...The list of early backers includes General Catalyst founder David Fialkow, Avenue Capital’s Marc Lasry, founders of RA Capital Management and former JPMorgan Chase chief investment officer Matt Cherwin,...
...Hence the price tag for the penthouse at 432 Park Avenue, which went on sale last year for $169mn....
...Without Deutsche Wohnen’s capital increase, Vonovia may still struggle to become the majority owner....
...In July, Lasry was flying high as he hoisted the NBA’s championship trophy as an owner of the Milwaukee Bucks, a once-hapless basketball team that Lasry purchased with two fellow Wall Street billionaires...
...The offer has received support from shareholders with about 15.5 per cent of stock, including from directors of the company and hedge fund Davidson Kempner....
...The project is sponsored by the financier collector Hussam Otaibi, owner of the Modern Forms collection. His curator, Nick Hackworth, says the plan is to extend it through the UK....
...His appointment comes amid a shake-up of Silver Lake’s top team, and indicates how Mr Durban has cemented his power base while recasting the firm as a big owner of sports and entertainment rights....
...The lease was signed by a company named BSREP III Nero LLC, a possible allusion to the emperor who was blamed for the burning of Rome....
...(WSJ) News round-up PayPal buys online shopping tool Honey for $4bn (FT) Tottenham Hotspur appoints José Mourinho as manager (FT) Carl Icahn placing a big bet against mall owners (WSJ) Alitalia rescue...
...The UK’s largest pub owner and operator, Ei Group, plans to offload a chunk of its property portfolio to a US-based hedge fund for £348m....
...Roddy Davidson, analyst at Shore Capital, had previously said he was “bullish” about the prospect of ZPG being able to cross-sell products between its property listing and price comparison businesses, while...
...The two-year facility has been provided by Davidson Kempner, the event-driven hedge fund, according to two people briefed on the arrangement. Davidson Kempner declined to comment....
...front of me were a group of older men and women in grey suits and military caps on their way to an American Legion convention; in the carriage behind were two guys with beards and tattoos in vintage Harley-Davidson...
...Lord & Taylor owner Hudson’s Bay Co. has agreed to sell the venerable retailer’s historic department store building on New York’s Fifth Avenue to shared office provider WeWork for $850m....
...Richard Baker, chief executive of Lord & Taylor’s owner Hudson’s Bay Co, said the deal aims to “reimagine retail environments for current and future generations”....
...Mr Deputy Speaker, in the period since the last Budget we’ve explored all avenues to address the cliff edge effect of VAT registration but our options are restricted by EU law....
...Bain Capital, Angelo Gordon and Avenue Capital Group, Biffa’s owners, had initially hoped to extract cash by selling shares in the IPO, but in a significant u-turn have agreed to invest around £49m in total...
...The financing arms of Deere & Co and Harley-Davidson, as well as Entergy Arkansas, also tapped US fixed income markets....
...The listing plans come as the luxury retail sector grapples with intensifying online competition from the likes of Yoox, Net-a-Porter and Amazon, as well as a rejuvenated Saks Fifth Avenue, which was purchased...
...But local and international lawyers give this avenue little chance of success, and the government appears unconcerned....
...No surprise, then, that at the company’s Manhattan headquarters on Lexington Avenue, the terminal is viewed with near reverence....
...The freeholds had been sold on a sale-and-leaseback scheme by Dubai International Capital, Travelodge’s previous owners....
...Facebook flailed in its first ventures on to Madison Avenue, when it tried to reinvent ads without understanding advertisers’ desire to measure and compare different media....
...Among those with big bets on the outcome are Avenue Capital, Centerbridge, the GSO arm of Blackstone and Oaktree, in addition to the original trio of private equity investors....
...More recently, he has brought US hits such as Avenue Q to London and will bring Hamilton, the hip-hop musical about the 18th-century founding father Alexander Hamilton, in 2017....
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