Hints and tips:
...Its new fund — known as Strategic Investment Partners V — plans to buy risky debt, including junior loans and convertible bonds, as well as preferred stock....
...“We would acknowledge that this is not going to be some sort of a V-shaped recovery. There are going to be plenty of troubled deals in the market,” added Gray....
...On a conference call with analysts in January, Gray said Breit had “weathered the storm” in real estate markets, but he warned that Blackstone did not expect to see a “V-sharped recovery” in property values...
...Such a move would lower the threshold of acceptance for a deal to 50.1 per cent....
...Menopause has risen up employers’ agenda as acceptance grows that once-private issues, such as mental health, have an impact on working life....
...It was advised by law firm Ropes & Gray, while Artémis was advised by Rothschild. This article has been amended since first publication to correct details of TPG’s investments in CAA...
...FT Live event: Future of Asset Management Asia The Future of Asset Management Asia is taking place for the first time in-person on 11 May at the Westin Singapore and will bring together Asia’s leading asset...
...The hottest deal of the summer: loan portfolios Back in April, Blackstone president Jonathan Gray heralded a “golden moment” for private credit as US regional banks pulled back on lending....
...He joins from Ropes & Gray....
...FTX’s collapse may have set back crypto for years, suggests Gwen at Ropes & Gray....
...These institutional investors had typically divided their assets between stocks and bonds....
...Share your ideas with us at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...This exhibition at the V&A invites us into the opulent world of master goldsmith Carl Fabergé and his London clientele....
...For example, this newer document lists Geos LLC, a Russian private company headquartered in Novorossiysk, as the seller....
...Two of Germany’s largest long-only asset managers, holding 1.5 per cent of Deutsche Wohnen between them, also voiced their unease....
...Now the firm’s president Jon Gray is looking forward to an economic reawakening....
...Asset manager Silchester’s objection to the £9.5bn take-private of Wm Morrison covered various bases....
...“The offer . . . is a begrudging acceptance by Blackstone that it is underpaying for this asset,” he added....
...She sees the business models of financial and energy companies as ripe for disruption as digital wallets and a broad acceptance of electric vehicles take hold....
...(FT) Trying for one-trillion On its quest to obtain $1tn in assets by 2026, Blackstone’s Jonathan Gray is flipping the script from its tried-and-true value-based investment approach to betting big on growth...
...Jonathan Gray, Blackstone’s chief operating officer and president, took home $93m in dividends last year, in addition to $86m in cash earnings and a $37m stock award....
...The demand for bitcoin reflects its status as a scarce asset and growing acceptance from financial institutions who are worried by central banks expanding their balance sheets, Mr Scaramucci argued, saying...
...Yet some analysts watching the bidding have said the shifting rules, such as the acceptance of bids after a deadline, have raised doubts about the process....
...Steve Cohen’s Point72 Asset Management put in $750m while Ken Griffin’s Citadel added another $2bn. Melvin appeared to reach acceptance quicker than the market by exiting the bet against GameStop....
...It was Neiman Marcus Group Ltd LLC that filed for bankruptcy this week....
International Edition