Hints and tips:
Related Special Reports
...Shares in Abrdn, which was formed by the 2017 merger of Standard Life and Aberdeen Asset Management, have shed two-thirds of their value since the merger....
...Brookfield Asset Management is in advanced talks to buy a majority stake in $22bn private credit manager Castlelake as the world’s second-largest alternative investment manager uses acquisitions to push...
...Any excess distributions are fully reflected in Breit’s reported net asset value, resulting in zero impact on total returns,” Blackstone said in a statement....
...Alternative asset managers have increasingly been helping companies to hive off large infrastructure assets in need of heavy new investment outside of their balance sheets....
...than 10 per cent of the fund’s assets under management....
...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 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....
...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....
...Enter the UK asset management sector, likely to provide a flicker of optimism this week with interest rates no longer rising and restructuring efforts moving apace....
...Goldman Sachs’ Petershill Partners, which owns minority stakes in alternative asset companies, has bought a stake of more than 20 per cent in private credit specialist Kennedy Lewis Investment Management...
...As an international asset management centre, UK asset managers should be able to capture this growth....
...Merlyn does not contest the KKR deal but wants to go in a different direction after it is completed, with further asset sales such as TIM Brasil....
...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....
...Blackstone, with $1tn in assets under management, is the world’s largest alternative asset manager....
...The move comes as Goldman attempts to build up its asset management business and deepen its reach into alternative investments including private credit to provide a counterbalance to its highly cyclical...
...(Not to be confused with BlackRock) It’s the alternatives eraWe buy assets then we make ’em betterIt’s the alternatives eraOh oh oh! Build with Blackstone!...
...US investment firm Harris Associates, which has more than $100bn in assets under management, “sold the stock last year as [we] lacked confidence that management could repair the business”, David Herro, the...
...At remote learning portals Apollo Academy, KKR Academy and Blackstone University the pupils are investment advisers with wealthy clients who might be a target for newfangled asset management products....
...In January it struck a deal to buy alternatives manager Global Infrastructure Partners, which has about $106bn in assets under management, for more than $12.5bn in cash and stock....
...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...
...“There are enough things in LPs’ portfolios that they can price at a smaller discount today and that makes them feel better,” Miller said....
...“There have been fewer LBOs and therefore less new loan volume,” said Michael Patterson, a governing partner at asset manager HPS Investment Partners....
...Stefanie Drews, president of Japan’s Nikko Asset Management, has never had a go at karaoke....
...By 2022, Breit had drawn tens of billions of dollars in new assets, growing into Blackstone’s single largest source of fee growth....
International Edition