Hints and tips:
...While that trails returns marketed by private equity funds, it has proven attractive to pension funds and endowments after a decade of rock bottom interest rates....
...“Big Tech has been spending money like 80s rock stars for the last four to five years,” he said. “It feels like there’s adults in the room now.”...
...But the market’s only busier compared with last year’s decade low; deals cratered in 2023 following a frenzy of activity during the pandemic that was fuelled by rock-bottom interest rates....
...The firm’s assets under management have jumped from less than $10bn in 2010 to nearly $60bn, as it enjoyed strong returns and fundraising at a time of rock-bottom interest rates and steady economic growth...
...Private lenders including Ares Management, Oak Hill and Blue Owl stepped in to provide a $4.8bn senior private loan....
...In today’s newsletter: Multi-manager hedge funds on the rocks Qatar bets on India’s Ambani Turkey’s IPO renaissance Multi-manager hedge funds meet their maker Three decades ago, when star traders such...
...We’re like rocks, stuck at the side of a stream.” The Lekdijk Bovendams bond, like the Tucks, is a rock, stuck in the stream of Dutch history....
...It has acquired a real estate manager, Oak Street, to lead its third leg and insists the disparate pieces fit together....
...Blue Owl, Ares, Oak Hill, HPS Investment Partners, Oaktree and Elliott Management were among the investors that agreed to lend the $4.8bn this week....
...Kid Rock, the rap-rock star, filmed himself shooting cases of the beer....
...We had been sitting at an oak table, drinking an astonishing Montrachet and looking out through picture windows at the river where it tips over a waterfall and froths into a chasm....
...Nuveen bought European debt manager Arcmont last year, while T Rowe Price purchased Oak Hill for $4.2bn in late 2021....
...Tasting and lunch will be outside under some oak trees . . . should be a lovely day.”...
...Seth Klarman has told investors in his hedge fund that the Federal Reserve’s response to the 2008 financial crisis and the ensuing decade-plus of low interest rates had helped “erect a financial fantasyland...
...The $18bn distressed debt investor Strategic Value Partners seized control of the owner of US retail properties such as Rolling Oaks Mall in Texas and Tippecanoe Plaza in Indiana in a transaction approved...
...In a more hesitant market where dealmakers no longer fear missing out on large deals, some have deemed the deal overly complex and carrying too much financial engineering for the expected pay-off....
...Levin then joined Och-Ziff in 2006 and emerged in the wake of the financial crisis as a rock-star credit investor. By 2017, Levin was clearly the star turn at Och-Ziff....
...Book tickets for a summer production at the Minack Theatre, a famous amphitheatre built into the rocks near Land’s End....
..., Oak Hill and Carlyle backing the deal....
...Early last year Chase Coleman wrote to investors to celebrate the 20-year record of Tiger Global, one of the biggest winners from a technology bull market that had run since the financial crisis....
...In some deals featuring Owl Rock, Blackstone and Apollo, the private equity firms have funded the debt directly. Private credit has been important to middle-market deals for years....
...André MackAnd I don’t think this wine spends a lot of time in oak, so you can get wood tannin as well....
...SailPoint shares soared more than 27 per cent in pre-market trading after the Financial Times first reported the takeover....
...The firm sidestepped investment banks to arrange a multibillion-dollar financing package from a consortium of private capital providers including Owl Rock Capital, Blackstone, Apollo Global and Golub Capital...
...Prices for songs have soared while rock stars such as Bruce Springsteen and Bob Dylan have sold their songbooks for hundreds of millions of dollars....
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