Hints and tips:
...Private lenders including Ares Management, Oak Hill and Blue Owl stepped in to provide a $4.8bn senior private loan....
...The loan will pay roughly 7.25 percentage points above the benchmark interest rate and was offered at a slight discount to par....
...Nuveen bought European debt manager Arcmont last year, while T Rowe Price purchased Oak Hill for $4.2bn in late 2021....
...The $18bn distressed debt investor Strategic Value Partners seized control of the owner of US retail properties such as Rolling Oaks Mall in Texas and Tippecanoe Plaza in Indiana in a transaction approved...
...The company, whose founder and chief executive Lars Wingefors owns a 23 per cent stake, has struck 62 acquisitions at a total value of $8.1bn since the start of 2020....
...Media-shy owner Seita Takeuchi, a former barista and patissier, offers a range of 10 or so chocolate bars in pastel-hued wrappers, all neatly lined up on a wooden table under two bright ceiling lamps....
...Adding alternatives is also a way to boost revenue at a time when other fees are compressing and mutual funds cannot assume that new money will boost management fees....
...Apollo wants to raise at least $50bn in capital from individual investors within the next five years, the firm said in a presentation in October....
...If the Manchester project gets the go ahead from the city’s planning authorities it could boost income at CFG at a critical time....
...Speaking of the investment from GV, Mr Takeuchi added: “We built a relationship over a very long time. Tom Hulme [general partner at GV] and I are friends....
...In Thousand Oaks — a neighbourhood that looks practically the same, though it is thousands of miles away, in California — is Amerihome, a company started by Mr Furash, which has used Apollo’s firepower to...
...Caldera is asking for at least $1.5bn in damages. Mr Siddiqui, a veteran of Wall Street who has also worked at Oak Hill Capital Partners and Goldman Sachs, left Apollo early last year....
...With a fortune estimated by Forbes at $4.5bn, he hosts a CNBC show called Billion Dollar Buyer, bought his first private plane at 35 and owns a $40m, 164-foot superyacht....
...Angel Oak, an Atlanta, Georgia-based firm, is presently marketing a $329m non-QM deal, easily its biggest to date....
...“Since Waze came along, the traffic in front of my house backs up to a continuous 20 vehicles between 7am and 9am waiting at a stop sign,” one Sherman Oaks resident told the LA Times in 2015....
...an estimate of SFr40,000-SFr60,000, at a Phillips sale in November 2015....
...Mr Williams says his team aims to invest 20 per cent of a client’s portfolio in alternatives, while Ms Kim says her practice targets a 10-15 per cent allocation at most....
...“We wanted to preserve the hotel’s DNA,” Christian Boyens, the hotel’s general manager, told me over tea at the new Salon Proust, an oak-panelled space off the main corridor named after the French writer...
...In addition to there being such a thing as an Australian oak tree, which is in fact a species of Eucalyptus, there is now an Australian Oaktree, after the alternative investment manager announced it has...
...So he sent zinc atoms (atomic number 30) crashing into bismuth atoms (atomic number 83) at one-10th of the speed of light....
...Next week: An in-depth look at hedge funds in China...
...Chris Powers, senior associate at Z-Ben, says: “What type of onshore presence do you establish to justify raising $50m of assets? For a lot of the hedge funds this is just a drop in the ocean.”...
...Another group, Hearts of Oak, broke away and claims to be fully independent, although some fans have complained online about its onerous membership rules, which require those wanting to join to fill in a...
...First Reserve, along with Riverstone and Warburg Pincus, were pioneers of oil investment....
...fortune to a 2006 deal that is now at the centre of a courtroom battle....
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