Hints and tips:
...“The problem this year is that the damned markets haven’t behaved as one might expect,” said Andrew Beer, co-founder of Dynamic Beta Investments....
...This year, it acquired real estate manager Mitsubishi Corp-UBS Realty for $2bn....
...CT Fitzpatrick, chief investment officer of Vulcan Value Partners, a large Carlyle shareholder, commended Schwartz’s deliberate approach....
...She pointed to another investment fund that is working on impact solutions for the elderly — Spock Ventures (yes, named after the Star Trek character Spock, whose Vulcan species can live to over 200)....
...“But when you get withdrawals in an illiquid market with declining values, those funds melt down.” Marks argued the same psychological dynamics had driven investors into cryptocurrencies....
...The group’s investment in QTS was split between Breit, its property fund targeting wealthy investors, a similar fund designed for large institutions, and its infrastructure fund....
...“Investors who are long commodities — whether by luck or skill — have had a great year packed into a few weeks,” said Andrew Beer, managing member at Dynamic Beta Investments....
...“We see really strong dynamics in Europe,” said Ignacio Paz-Ares, head of European Renewable Power and Transition Investments at Brookfield Renewable....
...Behold the BTC Private Credit Fund LP, billed as the “first bitcoin private credit fund”....
...Today, there are about 365,000 Bloombergs on the desks of investment bankers, bond traders, equity analysts, pension fund managers, sovereign wealth funds and central bank officials....
...“Over the past couple of years Sequoia has faced a lot of pressure from the US side on its China business,” said one consultant to LPs in China....
...One of the investors in the Cerberus group is Kimco Realty....
...“The fundraising market is challenging right now and this could persist for a bit as limited partners adjust to market dynamics,” warned Carlyle Group chief executive Kewsong Lee....
...“Plenty of hedge funds nailed 2020,” said Andrew Beer, managing member at US investment firm Dynamic Beta Investments. Many “had their best year since the great financial crisis”....
...But that dynamic changed with a ruling handed down by the Cincinnati-based US court of appeals for the sixth circuit in May, as DD’s Mark Vandevelde reports....
...First some start-ups delay fund-raising because they need to grow into their valuations; then the VCs who invested in those start-ups have to delay their own fund-raising with LPs because they don’t have...
...If that sounds like a far cry from the days of Sequoia and SoftBank funding dynamic start-ups with plans to reshape the Chinese economy, that’s because it is....
...In the second instance, American Tower, the owner of a network of mobile phone sites, said it would buy CoreSite Realty for $10bn....
...Unlike Blackstone’s buyout funds, which mainly accept investments from large institutions such as pension funds, Breit is geared towards wealthy individual investors, and accepts initial investments as small...
...But even as America’s defence oligopoly flexes its power over global markets, a win for any of the big five contractors (Lockheed Martin, Raytheon, General Dynamics, Northrop Grumman and Boeing) could spell...
...Its computer-driven Dynamic Convexity fund made 7.8 per cent last week, taking this year’s gains to 8.2 per cent....
...Despite a strong run for software companies, Box has had to contend with activist fund Starboard Value. The boardroom dynamic just grew more complicated....
...Alex Savvides, senior fund manager of the JOHCM UK dynamic fund, said the increased offer was a “vindication of our firm opinion that the board had sold all shareholders short” in backing the previous bid...
...Apart perhaps from the possibility of using a favourable revaluation to increase the size of BAM’s assets under management and, therefore, appear more dynamic from the point of view of raising new funds?...
...No battle captured that dynamic better than when LVMH boss Bernard Arnault tried to scare US jeweller Tiffany into cutting the price of his planned $16.6bn takeover....
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