Hints and tips:
...“I would always be cautious about any company that does not have its dividend covered,” said Nate Koppikar, a partner at hedge fund Orso Partners, which has bet against Blackstone shares....
...Most of its clients are institutional investors and the firm is not planning on going after the retail market, said a person familiar with the situation....
...Clients of Blackstone’s other “retail” products told the Financial Times they had expected the fund to be launched by early 2023....
...It has managed the property with its partner Kryalos, an Italian real estate firm....
...Large investors, including Vanguard and BlackRock, backed Disney in a blow to Peltz’s Trian Partners....
...Deep inside the nested layers of funds, companies, insurers and partnerships of Canada’s Brookfield Corporation lies a real estate business that no longer covers the cost of its debt: Brookfield Property Partners...
...In September it shut its US consumer, media and retail private equity investment group and dismissed some investment staff, choosing to focus on areas with better investment opportunities....
...He joins from InfraRed Capital Partners. Smart reads The toxic tycoon Mike Ashley, the retail tycoon behind Sports Direct, is suing Morgan Stanley over a $1bn trading row, The Sunday Times writes....
...This leaves the partners hoping for the best, like the rest of US business. The difference is that this well-matched duo is also prepared for the worst....
...The industry has been focused on patent expiries during the second half of the decade “for a long time”, noted Tom Davidson, a partner focusing on life sciences at investment bank PJT Partners....
...Bell-bottoms and boots Taylor Swift’s partner Travis Kelce is arguably the most important boyfriend in human history....
...Earlier this year, Carlyle began studying ways to sell its stake to large limited partners such as sovereign wealth funds, according to people familiar with the matter....
...Separately, Pinsent Masons’ David Lancaster has joined the firm as an intellectual property litigation partner in London....
...Blackstone Group is selling a stake in Spanish hotel group Hotel Investment Partners to Singaporean sovereign wealth fund GIC, in a move that will provide capital for the business to expand at a time when...
...In a statement, 7&i apologised for the inconvenience caused to customers and business partners by the strike, and said its department store management would continue to engage in collective bargaining and...
...In September, Carlyle shut its US consumer, media and retail private equity investment group and dismissed some investment staff....
Stéphane Courbit and TowerBrook lead investment round as sector continues to boom
...CVC plants its flag on a €26bn peak CVC Capital Partners managing partner Rob Lucas has climbed some of the world’s tallest mountains....
...Victor Lazarte, the co-founder and chief of gaming start-up Wildlife Studios, has joined venture capital firm Benchmark as a general partner....
...Hines, its partner on that venture, is also convinced there is a shortage of top-quality office space. RXR, meanwhile, is soon to join the fray with 175 Park Avenue....
...Ultimately, the activist has characterised himself and shareholders, the vast majority of whom are retail investors lucky enough to invest alongside “the iconic Mr Icahn”, as victims....
...“People love to cast this idea that SF is dead,” said Index Ventures partner Mike Volpi....
...The tea division, which includes the PG Tips and Lipton brands, was sold this week to CVC Capital Partners for €4.5bn....
...use NAV loans just to drive distribution and you have leverage on leverage . . . if it’s just leverage because you haven’t been able to create value and or drive exits then I’d be very wary if I was an LP...
...Elsewhere, Apollo has lamented a so-called “denominator effect” among limited partners such as pensions and wealth funds....
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