Hints and tips:
...Canadian investor Brookfield Asset Management and US-based EIG Global Energy Partners are set to take over one of Australia’s largest energy companies, in an A$18.4bn ($11.8bn) bid for what they call a “...
...Details about the new company, which will be involved in residential real estate, are scarce....
...Midtown makeover New York City is looking to clear the tumbleweeds from its largest business district and build residential spaces to adapt to the work-from-home shift....
...Carried interest is the big draw for them, not management fees, which were originally set up to fund running costs....
...That compares with average residential power costs in the US today of roughly $0.13 per KWH....
...US hedge fund Davidson Kempner is seeking an injunction to block a capital increase by German residential landlord Deutsche Wohnen, saying its “sole purpose” is to help rival Vonovia overcome shareholder...
...Dutch electric vehicle charging company Allego has agreed a deal to go public through a merger with a special purpose acquisition company backed by private equity firm Apollo Global Management....
...Due to its ubiquity, Tiger Global has become the archetype for a breed of “crossover” firms such as Altimeter Capital Management and Coatue Management that began investing in public markets before migrating...
...Emulated by peers including Blackstone and KKR, Apollo’s $200bn credit portfolio is among the slickest operators in America’s “shadow banking” industry, churning out everything from residential mortgages...
...The deal values Danke, which operates a sort of residential version of WeWorks’ co-working space model, at more than $2bn....
...Many small companies in China are forced to operate in a grey area, leasing residential apartments cheaply directly from private landlords, with varying degrees of law enforcement by local authorities....
...Glass Lewis, whose recommendations are widely used by investors when deciding how to vote at annual meetings, said it could not support the pay report given the “substantial payouts” for senior management...
...“The originator appetite to produce more of it is growing,” said Mr Nichols, who spent more than a decade running the residential mortgage business at Goldman Sachs....
...• Hearthstone, the £200m residential property investment specialist, has appointed Cedric Bucher as chief executive. He succeeds Alan Collett who will remain as chairman....
...s Guanghua School of Management....
...Lone Star, which owns and manages 8,200 residential loans in Ireland, says “legal enforcement is pursued as a last resort”....
...Prosper on Monday put some fears over its future to rest by announcing a deal to supply up to $5bn of loans over the next two years to a group of investors led by New Residential Investment Corp, a unit...
...Odey Asset Management, BlueMountain Capital Management and Anchorage Capital took short positions against the FTSE 100 builder in January, worth 2.2 per cent of its share capital, according to data disclosed...
...It its still part-owned by its management. When Oaktree invested, it appointed former Shell executive Ian Sutcliffe as chairman and he took over as chief executive in January....
...Mr O’Flynn, who once built Ireland’s tallest residential building, in the southern city of Cork, his home town, says the shift from debt to equity financing will mean fewer but better capitalised developers...
...Residential battle Beyond downtown, however, it’s a different story, Mr Leonard says....
...The deal will double Apollo’s real estate assets under management to $27bn and take its total assets under management from over $162 billion to $182bn....
...Its website gives as contact details a London residential address where 50 companies are registered, many with Greek directors. Mezza’ directors aren’t Greek. One is Federal Infosystems llc....
...China’s residential market is clearly very soft, but I believe a housing crisis is very unlikely....
...The watchdog is unhappy with the situation where 57 per cent of assets under management are controlled by just five providers....
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