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...The council said this investment could be an additional £5bn-£10bn....
...“Breit covered more than 95% of 2023 distributions with cash flow from operations....
...The figures were 95 per cent in 2022 and 73 per cent in 2021....
...Last month Bird set out a plan to axe 500 jobs — about 10 per cent of the company’s 5,000-strong workforce — as part of a £150mn cost-saving programme....
...UK investors have pulled out of investment funds over the past two years, withdrawing £12bn in 2022 and £11.9bn in the 10 months to October 2023, according to the Investment Association....
...US buyout firm Silver Lake has agreed to buy Endeavor for $27.5 a share in cash for the owner of the WME talent group and IMG, the global sports marketing company....
...Debt tied to music royalties — which has been hoovered up by the same investment groups — has also become less attractive as the Federal Reserve has lifted rates above 5 per cent....
...Ardonagh is owned by Madison Dearborn and HPS Investment Partners....
...Esken, formerly known as Stobart Group, will keep a 17.5 per cent stake but will begin a plan to delist its shares from the London Stock Exchange and wind down its business....
...Breit recorded a 0.5 per cent loss in 2023, its first annual loss since its launch in 2017, putting Blackstone significantly behind on its promised return....
...Accolade was not directly hit: only 5 per cent of its wine was sold to China in 2018. But with a lot of wine left sloshing around in Australia, prices collapsed....
...Breit allows for 2 per cent of total assets to be redeemed by clients each month, with a maximum of 5 per cent allowed in a calendar quarter....
...BXPE will charge a management fee of 1.25 per cent of assets and a 12.5 per cent performance fee above a 5 per cent annual return....
...The BSL market’s CLO securitisation machine, in contrast, typically puts a 5-per-cent limit on loans that allow borrowers to toggle to PIK payments, according to Barclays....
...As interest rates have risen from near zero to above 5 per cent, prices for songwriting catalogues have fallen by 14 per cent from their 2019 peak, according to David Dunn, partner at investment bank Shot...
...Schwarzman and Blackstone president Jonathan Gray’s shares are worth $29bn and $5.2bn, respectively, at current prices....
...While the entity was taken private two years ago for $5.9bn, outstanding preference shares require it to continue filing quarterly reports with the SEC....
...It is 49.5 per cent owned by Reinet Investments, a vehicle backed by South African billionaire Johann Rupert, and includes CVC Capital Partners among its shareholders....
...For BXPE, Blackstone is taking 12.5 per cent of the profits along with a management fee of 1.25 per cent — somewhat less than the traditional “2 and 20” structure....
...Iger made a series of announcements on Wednesday, including a $1.5bn investment in Epic Games, the group behind the popular game Fortnite*....
...Blackstone last year recorded a 24 per cent decline in its distributable earnings — a metric that is favoured by analysts as a proxy for overall cash flows — to $5.1bn....
...KKR shares ended the day 5 per cent higher while Carlyle shares closed up 1.6 per cent....
...The US dollar index fell 3.5 per cent in November, a reaction to growing expectations for US rate cuts and historically an omen of gold rallies: These two explanations, a falling dollar and lower real rates...
...SBB’s market value has since plummeted 95 per cent since peaking in 2022....
...Millennium and DE Shaw, which are multi-strategy firms, took joint second place in the all-time rankings, making $5.7bn and $4.2bn last year respectively....
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