Hints and tips:
...“I would always be cautious about any company that does not have its dividend covered,” said Nate Koppikar, a partner at hedge fund Orso Partners, which has bet against Blackstone shares....
...This year, it acquired real estate manager Mitsubishi Corp-UBS Realty for $2bn....
...“As a result their interest in less liquid, less well-understood asset classes has waned. Music is near the top of that [list],” said Zilkha, who left KKR at the end of 2021 but is still an adviser....
...I decided to keep apart 20 per cent of my liquid net worth, which excluded my home and my illiquid ownership interest in the LTCM management company....
...The latest Lexington fund “speaks to the sheer demand” from LPs that feel “over-allocated” to private capital including to start-ups, they said....
...Aaron Milford, chief executive of Magellan Midstream Partners, said that the “opportunity to invest and grow” as a company focused on crude oil and refined products, such as petrol and jet fuel, had become...
...And recoveries in this space are faaar below what they are in large liquid public debt markets....
...The attack has exposed vulnerabilities in the Treasury market, the world’s biggest and most liquid, which underpins asset prices around the globe....
...Other agencies could support lending to build the infrastructure necessary for a robust liquid market for many of these commodities....
...UK pension funds have sold liquid assets since Chancellor Kwasi Kwarteng’s “mini” Budget sparked turmoil in the gilts market, forcing some to raise cash urgently....
...Their central conclusion is that “GPs do not appear to manipulate interim returns to fool their LPs, but rather because their LPs want them to do so”....
...KKR is backing Chord Music Partners....
...FTX has announced that John Ray III would serve as chief executive after the resignation of founder Sam Bankman-Fried....
...Anyway, here are names and links — we’ll let you make your own mind up: Liquid 2 Venture Fund III L.P . . . . Lake Nona Fund / LN Sports & Health Tech Fund I, LP . . ....
...Job moves Law firm Cleary Gottlieb has promoted nine partners, eight counsel and six senior attorneys....
...In the second instance, American Tower, the owner of a network of mobile phone sites, said it would buy CoreSite Realty for $10bn....
...Rolls-Royce said early last month it had access to liquid funds totalling just over £8bn in early July....
...of Farmland LP, an investment fund that owns more than $200mn in land and raised more than $130mn in March....
...You can’t be a hedge fund that is already fully invested and also have the ready cash needed to reposition yourself,” says Dominique Mielle, a retired executive at Canyon Partners....
...DPI’s African Development Partners III Fund exceeded its target of $800m and has secured an extra $250m to co-invest in specific companies....
...There’s a thin line separating Eminem, otherwise known as Marshall Mathers III, from Slim Shady....
...Paulo Eapen, head of the European business at Blackstone’s GSO Capital Partners, said it was busier than ever....
...Nnamdi Iregbulem has joined Lightspeed Venture Partners as a partner. He has previously worked as an investor at Iconiq Capital....
...Digital Realty, a data centre Reit, paid out about 73 per cent of its cash flow in dividends....
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