Hints and tips:
$60bn real estate vehicle is part of push to reach wealthy retail investors
...“There are enough things in LPs’ portfolios that they can price at a smaller discount today and that makes them feel better,” Miller said....
...LPs in large venture firms, including Andreessen Horowitz, Josh Kushner’s Thrive Capital and David Sacks’ Craft Ventures, had also sold stakes in funds over the past 12 months using the secondary market,...
...The group, which has $90bn in market capitalisation, is turning into a financial superstore of private market investments that has expanded far beyond buyouts....
...Gray also forecast market conditions would continue to improve despite the uncertainties of wars in Europe and the Middle East, and the upcoming US presidential elections....
...For investors, such as high-net worth individuals or perhaps family offices, it offers access to a strategy that has historically outperformed the market....
...This means it could try to acquire the portfolio at market value if the board continues to back the Concord offer....
...“Everyone is losing sight of the fact that this market is too big for just private credit or banks.” Additional reporting by Sun Yu...
...“The IPO markets are starting to open up a bit, and leveraged credit markets have opened. We’re starting to get more [approaches] from strategic buyers,” Nuttall said in an interview....
...The trend matches a slowdown in the broader market for luxury goods....
...In the 20th century, it tended to be synonymous with public equity markets....
...The answer, like the LP, has two sides....
...One obvious answer is that the stock market might not react well to Universal splashing out billions on various song catalogues instead of, say, paying out dividends....
...“Jeff is a leading expert on global markets and commodities and his experience and insights will help us better address the unprecedented market dislocations arising from the global energy transition for...
Dutchman led FTSE 100 group’s push into biofuels, hydrogen and renewable power
...“Instead of taking an extra dollar of compensation this year, why not be a shareholder and create an extra dollar of earnings that gets a market multiple?”...
...It lost $1.6bn because of hedges that backfired as the market soared. But Icahn could rely on one secret weapon of sorts to pour oil on troubled waters....
...Date to be announced; further information and tickets here soon Events Piazza Navona Christmas Market The historic Christmas market in Piazza Navona sits amid the architectural beauty of Bernini’s Quattro...
...In the US, almost a 10th — $850bn — of the life insurance market is owned or managed in partnership with private capital groups, according to the IMF....
...Though Blackstone is not expecting a quick recovery in property markets and high interest rates continue to pressure many investments, it is returning to the offensive....
...Hipgnosis and KKR have also raised debt in securitised markets for their music catalogues....
...Here are the current prices for a RuneScape subscription… …and here, taking the US pricing as an example (the US is RuneScape’s biggest market, representing about 55.6 per cent of revenues in 2021), is...
...Blackstone is the first trillion dollar manager and has a market value of $140bn, a figure it said made it the most highly valued asset manager in the world....
...There are going to be plenty of troubled deals in the market,” added Gray....
...Rising interest rates and tricky economic conditions mixed with tumultuous financial markets and tense geopolitics cast a deep chill over activity.Heading into 2024, the market may be thawing....
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