Hints and tips:
...The corporate shape-shifting comes as it and competitors Blackstone and Apollo Global Management have also reoriented their operations in recent years to appeal to the tastes of stockholders....
...Having joined Sotheby’s as a management trainee, Kraft became managing director of its European real estate department in 1998 at the age of 26....
...Shares in the energy group dropped 1.5 per cent following Elliott’s declaration that the company’s longstanding chief executive Alistair Phillips-Davies had widely underperformed during his eight-year tenure...
...So it’s no surprise that for his latest management refresh, he has turned to an old friend....
...Cerberus first invested in the company in 2006, and along with the property groups Kimco Realty, Klaff Realty, Lubert-Adler Management and Schottenstein Stores bought it from Supervalu in 2013....
...Providence Equity Partners has promoted Davis Noell and David Phillips to senior managing directors and North American co-heads in New York, as well as Karim Tabet and Andrew Tisdale as European-co-heads...
...News round-up WhatsApp hack led to targeting of 100 activists (FT) General Motors warns of $2.9bn blow from US factory strike (FT) UBS becomes first foreign IPO sponsor on China’s Star (FT) Digital Realty...
...Under pressure from Senvest Management, a New York hedge fund, Colony last year slashed the management fees it collects from Northstar Realty Europe, a publicly traded real estate investment trust....
...They’re simply the best at what they do,” said Craig Deitelzweig, chief executive of New York-based Marx Realty....
...The company has been targeted by the New York hedge fund Senvest Management over Northstar Realty Europe, a publicly traded real estate investment trust from which Colony collects management fees....
...Senvest Management, a New York-based hedge fund, has written to the board of directors of Northstar Realty Europe Corp claiming the company has suffered from high management fees and should be liquidated...
...Colony Capital, a real estate company that grew by investing in distressed mortgages after the financial crisis, merged with Northstar Realty and Northstar Asset Management in January last year to create...
...Donald Trump’s son-in-law and adviser met Joshua Harris, co-founder of the private equity group Apollo Global Management, and Michael Corbat, chief executive of the US bank Citigroup, while Mr Kushner was...
...guarantor propped up by US taxpayers a decade ago after the subprime housing crisis, backed a $550m loan to the building’s owners — Moinian Group, among New York’s largest private landlords, and SL Green Realty...
...Given the breakdown in the Phillips curve since the financial crisis, however, we're not holding our breath....
...Mr Deutsch previously worked for Vontobel Asset Management....
...The deal will double Apollo’s real estate assets under management to $27bn and take its total assets under management from over $162 billion to $182bn....
...I’m on the management team at Facebook so I also help with managing in general,” he says....
...Mr Pearce served as head of pension fund management for the Environment Agency Pension Fund between 2003 and 2013....
...They now have support from shareholders representing 31.6 per cent of Songbird’s free float, having received letters of intent from EMS Capital, Madison International Realty and Third Avenue Management....
...● A hiring spree at Deutsche Asset and Wealth Management....
...It also has management contracts for properties in New York, Boston and Chicago....
...• PwC, the professional services provider, has a new asset management tax director. Bradley Phillips joins from Herbert Smith Freehills, the law firm, where he was a tax partner....
...Coatue founder Phillip Laffont said at the time Mr Noto would help the fund identify private technology companies for it to invest in....
...The consortium – which also includes Kimco Realty, Klaff Realty, Lubert-Adler Partners, and Schottenstein Stores – will pay around $40 per share for Safeway, including $32.50 in cash....
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