Hints and tips:
...The push will also put Oaktree more squarely in competition with large private credit investors such as Apollo Global Management, Sixth Street Partners, HPS Investment Partners and Blackstone....
...Instead, it filed in the Southern District of New York, claiming that venue by virtue of the fact that the non-equity general partner in some of its entities partnerships was a New York corporation....
...Ardonagh is owned by Madison Dearborn and HPS Investment Partners....
...It has managed the property with its partner Kryalos, an Italian real estate firm....
...Big buyouts were financed by the likes of Ares Management, Sixth Street, HPS Investment Partners and Blue Owl....
...That has changed in recent months, with two of Blackstone’s largest rivals in the space — HPS Investment Partners and Blue Owl — already issuing CLOs backed by large private loans....
...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...
...The cash and stock deal will mint a multibillion-dollar windfall for NFP’s backers, Madison Dearborn Partners and HPS Investment Partners....
...Sarnoff, who was previously an executive at Random House, has been involved in KKR’s effort to buy Simon & Schuster, alongside partner Ted Oberwager....
...“I don’t see a massive rebound in exits next year,” says Pierre-Antoine de Selancy, managing partner at 17Capital....
...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...
...By contrast, the anchor tenant for the shopping mall, Neiman Marcus, was pushed into bankruptcy in 2020 by the Covid pandemic, leaving three abandoned floors....
...Just before US Labor Day last year, Bed Bath & Beyond was wired a $375mn lifeline from Sixth Street Partners....
...This article has been amended to correct the name of HPS Investment Partners...
...After a string of investments in the sector, Blackstone now earns money every time Justin Timberlake’s “SexyBack” plays in a shopping mall....
...Isha is director of Reliance Retail, the conglomerate’s rapidly expanding shopping business....
...The Silicon Valley boutique has a longstanding reputation for shopping tech companies to the highest bidder, most memorably for UK investors when it advised Autonomy on its ill-fated 2011 sale to HP for...
...The bitter legal battle culminated on Tuesday when Furman ruled in favour of the asset managers — among them Brigade Capital, Symphony Asset Management and HPS Investment Partners — on the receiving end...
...In a complex deal, a shell company sponsored by HPS Investment Partners intends to merge with two of Wall Street biggest recent success stories....
...its US and global holdings of office buildings, shopping malls, self-storage facilities and logistics hubs were properly valued at $27....
...While the pandemic has made it harder to attract office renters and shopping centre customers, it has become easier, in many cases, to implore creditors for debt restructuring....
...Paulo Eapen, head of the European business at Blackstone’s GSO Capital Partners, said it was busier than ever....
...Shopping mall operator Unibail-Rodamco-Westfield SE named Léon Bressler, a former chief executive of the group, as its new supervisory board chairman following the resignation of Colin Dyer....
...Revlon’s business has been hit hard by the coronavirus pandemic and Brigade is one of a group of creditors, including Symphony Asset Management and HPS Investment Partners, that has sued the company over...
...effect from the unprecedented turmoil in the supply chain cuts even deeper at other electronics companies, from top smartphone makers Samsung Electronics, Xiaomi and Oppo, through to PC makers such as HP...
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