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...“Blackstone and QTS have the capital, expertise and record required to deliver on growing demand for data centre infrastructure,” the firm said....
...Dickie said the company was aiming to allocate 15 per cent of its capital outside the London estate — up from about 7 per cent currently — but to generate a quarter of its income from those investments....
...The hedge fund arm will charge investors a traditional 2 per cent management fee and 20 per cent performance fee and will in effect pay Hunterbrook Media for its research, funding the venture....
...Proprium Capital Partners, a real estate private equity group, has sold back its 35 per cent stake in Motel One to the company’s majority shareholder, One Hotels & Resorts, according to a statement on Tuesday...
...Conspicuously absent from the committee in investment banking was anyone from Goldman’s equity capital markets and real estate businesses....
...In a research note on Monday, Bank of America analysts said they had “several conversations” with the NYCB management team over the past 48 hours....
...“The shock of the rate increase recently has put a damper on banking deals [and] capital markets deals....
...With a shareholder vote set for April 3, Disney faces proxy fights with Peltz’s Trian Partners and Blackwells Capital, which are seeking board seats and other changes aimed at boosting the company’s share...
...“Where we stand today it’s clear that we’re in the early stages of reopening of the capital markets,” Solomon said....
...management “speak for themselves”....
...Efforts at Gucci to turn around its business under new designer Sabato de Sarno as well as new management after several years of declining sales have yet to bear fruit....
...A month later, Grant Thornton US agreed to sell a 60 per cent stake to New Mountain Capital....
...Fergus Hicks, real estate strategist at UBS asset management, said prices in Europe and the UK were correcting faster....
...It was the smallest of Citi’s five divisions behind US personal banking, trading, services and wealth management....
...Its increased size required NYCB to hold a higher level of minimum capital under US banking rules, a shift that led to the dividend cut....
...“With management effectively calling the bottom, perhaps now is the moment to invest,” Peel Hunt analyst James Carswell said....
...Hudson Bay Capital, Reverence Capital Partners and hedge fund Citadel are co-investing in the deal which closes on Monday....
...Scherr and the board had discussions then about what management skills were needed for the next phase at the company....
...Scott Rechler, the chief executive of RXR, one of New York’s largest office landlords, is teaming up with Ares Management, an alternative investment manager that has $49bn in real estate assets....
...More capital will also be needed for the less risky sectors such as wealth management that banks were encouraged to pivot towards in the aftermath of the crash....
...The UK government is keen to bring in international capital to finance the building of badly needed new housing....
...Other investors included Hudson Bay Capital Management, which put in $250mn, and Citadel, the hedge fund led by billionaire Ken Griffin....
...In September, Discover agreed to improve its consumer compliance management system under a consent order from the FDIC....
...“Goldman is the most levered to capital markets [and] we believe animal spirits will return,” Rajiv Jain, chief investment officer of Florida-based asset manager GQG, told the Financial Times....
...There is a discretionary portion of Evercore’s bonus structure to encourage collaboration, and management argues the pay model is vindicated by results....
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