Hints and tips:
...Lightspeed, which has $25bn in assets under management and has made early investments in Snap, Rubrik and Nest, had approached investors about selling a portfolio of 10 holdings it values at roughly $1bn...
...Shares in Abrdn, which was formed by the 2017 merger of Standard Life and Aberdeen Asset Management, have shed two-thirds of their value since the merger....
...Alternative asset managers have increasingly been helping companies to hive off large infrastructure assets in need of heavy new investment outside of their balance sheets....
...than 10 per cent of the fund’s assets under management....
...Fundsmith’s assets under management dropped from £28.9bn at the end of December 2021 to £23.7bn two years later....
...Because the court’s implementation of the Case Management/Electronic Case Filing system automatically assigned to Judge Drain any case where the debtor indicated that the White Plains division was appropriate...
...Still, the recommendations can provide asset managers with cover to break with a company and support dissident board nominees. Additional reporting by Anna Nicolaou...
...Apparently, Apollo Global Management has other priorities....
...At remote learning portals Apollo Academy, KKR Academy and Blackstone University the pupils are investment advisers with wealthy clients who might be a target for newfangled asset management products....
...By 2022, Breit had drawn tens of billions of dollars in new assets, growing into Blackstone’s single largest source of fee growth....
...Blackstone, with $1tn in assets under management, is the world’s largest alternative asset manager....
...The research found that the top 20 managers had created $755.4bn in profits since they were set up — more than the $655.5bn in assets they are at present managing....
...*Ignites is a news service published by FT Specialist for professionals working in the asset management industry. Trials and subscriptions are available at ignites.com....
...Blackstone president Jonathan Gray told the Financial Times last May the world’s largest private capital group — which has $1tn of assets under management — could become a “valuable partner” to banks looking...
...One sign of this emerged on Monday, when FT calculations revealed that the leaders of entities such as Blackstone, KKR, Apollo Global, Ares Management and TPG enjoyed a more than $40bn rise in the value...
...Carlyle generated $254mn in fee-based earnings, beating estimates of $207mn from analysts polled by Bloomberg, as a fundraising push lifted assets under management to a record $426bn....
...Called Australian Wine Holdco, the consortium also includes asset managers Intermediate Capital Group, Capital Four, Sona Asset Management and Samuel Terry Asset Management....
...Canada’s Brookfield Asset Management also studied a bid but decided not to move forward, said two people briefed on the matter....
...Icahn restructured the margin loan last summer so that it was tied to the value of Icahn Enterprises’ quarterly net assets and not its falling shares....
...The share gains were fuelled by its fast-rising assets under management, which eclipsed $1tn for the first time, and its inclusion into the S&P 500 index....
...He has overseen the New York-based investment group’s ascent as its assets under management have risen to nearly $400bn. The planned deal was first reported by Puck....
...“There have been fewer LBOs and therefore less new loan volume,” said Michael Patterson, a governing partner at asset manager HPS Investment Partners....
...Infrastructure Investing today spans from toll roads to energy assets and semiconductor factories....
...The risk is that some LPs either underestimated their liquidity needs or shifted their asset allocation strategy years after committing capital to the asset class....
...However, the rating agency did say that it saw the suspension of debt payments as “a portfolio management exercise by BPY, not a default”, and that parent Brookfield Corporation, with $850bn of assets under...
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