Hints and tips:
...By comparison, the firm’s $2.49tn American Funds mutual fund line-up bled $43.1bn last year. T Rowe Price, meanwhile, debuted its first ETFs in 2020....
...White Wolf Capital Advisors on Monday filed to launch the WhiteWolf Publicly Listed Private Equity and WhiteWolf Commercial Real Estate Finance Income ETFs, the company has disclosed....
...Nasdaq to promote its iShares Bitcoin Trust....
...private equity fund stakes....
...Carson Block’s hedge fund Muddy Waters has revealed a bet against the New York-listed Blackstone Mortgage Trust, a $22bn real estate investment trust managed by private equity giant Blackstone....
...Union Square Advisors, a tech-focused investment bank, has appointed Michael Meyer to the newly created role of chief executive. He will also continue to be head of capital markets....
...Elisabeth Kashner, director of global fund analytics at FactSet, said this was in part because of the popularity of some relatively expensive products, such as JPMorgan Equity Premium Income (JEPI), which...
...“For the last 10 years, leveraged equity funds generally produced significant gains and some were among the best performing funds....
...Graham Day, chief investment officer of Innovator Capital Management — which launched the first buffered product in 2016 and is market leader with $11.7bn of the $23.1bn held in North American funds, according...
...Houlihan Lokey has agreed to acquire 7 Mile Advisors....
...Fallen billionaire Sam Bankman-Fried invested $20mn in a venture capital fund run by Paradigm, a large backer of crypto start-ups, which then took a stake in his now-collapsed cryptocurrency exchange FTX...
...One of the investors in the Cerberus group is Kimco Realty....
...Until recently, just a handful of institutional products have been available to retail investors such as Blackstone’s flagship Real Estate Investment Trust, an unlisted fund known as Breit, and its private...
...This time round Albertsons, backed by private equity group Cerberus Capital, is the target....
...Last year Blackstone bought QTS Realty Trust for about $10bn, at the time the largest deal in data centre history....
...That price far exceeds the $2.2bn paid by hedge fund manager David Tepper for the Carolina Panthers in 2018....
...Shares in Empire State Realty Trust, owner of the art deco masterpiece that is New York’s most famous skyscraper, have fallen 35 per cent since the coronavirus arrived in the city in February last year....
...American Century, Columbia Threadneedle, Harbor Funds, Invesco, MFS, T Rowe Price and Vanguard have warned active mutual fund investors to expect year-end capital gains distributions equivalent to 20 per...
...And, he says, Rivian will need more capital, which he has no intention of raising at these depressed equity prices....
...Capital Group was founded 90 years ago and has become a household name in the US with its American Funds products. Additional reporting by Patrick Temple-West and Chris Flood...
...At the centre of the coffee chain’s turnround has been David Li, whose $2bn private equity fund, Centurium Capital, was one of Luckin’s earliest and biggest financial backers....
...Alternatives — a category of unlisted assets that include private equity, private debt, hedge funds, real estate, infrastructure and natural resources — are set to surpass $17tn in AUM within the next four...
...(FT) Banks vs private equity Mutual favours are common practice between private capital and Wall Street....
...There is now over $16tn in index funds of various stripes, almost twice the size of the combined private equity, venture capital and hedge fund industries....
...Paul Best, head of European private equity at Elliott Advisors, cannot remember who first suggested doubling down on the fund’s 2018 acquisition of Waterstones by buying Barnes & Noble too....
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