Hints and tips:
$60bn real estate vehicle is part of push to reach wealthy retail investors
...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...
...Blackstone already owns a majority stake in Hipgnosis’s management company, Hipgnosis Song Management (HSM), which collects fees for overseeing the listed Hipgnosis fund....
...One scoop to start: Brookfield Asset Management is in advanced talks to buy a majority stake in $22bn private credit manager Castlelake as the world’s second-largest alternatives group uses acquisitions...
...Blackstone also part owns Hipgnosis Song Management (HSM), the manager of Hipgnosis Songs Fund....
...Blackstone already part owns Hipgnosis Song Management (HSM), the manager and investment adviser of Hipgnosis Songs Fund (HSF), although its new offer is separate to that holding....
...Since 2020, more than 100 investment companies ranging from Elliott Management to Ark Investment moved their headquarters out of New York....
...Including our real estate debt business, it’s about $420bn of assets under management....
...The New York-based group bought a majority stake in Mercuriadis’s management company in 2021 — Hipgnosis Song Management — which collects fees for overseeing the listed Hipgnosis fund....
...“I want to thank our shareholders for their trust and confidence in our board and management,” Iger said....
JPMorgan boss praises ‘outstanding leader’ as bank advises media group on battle with activist
...The hedge fund manager getting all the attention, of course, is Nelson Peltz, the octogenarian co-founder of Trian Fund Management....
...Those asset sales are propelling the growth of KKR’s credit business, which has become the group’s largest business line by assets with $219bn under management....
Endorsement is boost for billionaire activist’s struggling campaign at entertainment giant
...“Like coal-powered plants — there are examples of debt-driven dividend recaps, saddling portfolio companies with interest payments, charging exorbitant management fees; none of that is going to the type...
...It said: “We are comfortable that management has a viable plan to address the important matters facing the company.”...
...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...
...Bloomberg LP declined to comment....
“Does this seem like fair journalism to you?”
Best-performing managers’ punchy bets on stock markets paid off in 2023
Pressure eases on Breit after dash for withdrawals caused the group to put limits on requests
...Apparently, Apollo Global Management has other priorities....
...“There are enough things in LPs’ portfolios that they can price at a smaller discount today and that makes them feel better,” Miller said....
...The new financial benchmarks signal rising optimism at the investment group after a period of stagnation and management turmoil....
...That included loans associated with some marquee buyouts including Elliott Management’s takeover of technology business Citrix, Elon Musk’s purchase of social media company Twitter and Apollo’s acquisition...
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