Hints and tips:
...In an interview with the Financial Times, Luboff said the new fund would apply “modest leverage” in its deals and focus on “geographies where we felt the track record, as well as the supply of opportunities...
...“I think there’s a huge amount of opportunity to deploy capital that should soak up any money coming in.”...
...KKR last year secured bonds backed by the catalogue that its “dislocation opportunities fund” and private credit business had purchased in 2021, pricing some of the debt with a yield below 4 per cent....
...It would instead be led by Christopher James and Todd Hirsch, two executives in Blackstone’s tactical opportunities business, according to securities filings....
...It plans to raise $300bn in new assets by 2026 among dozens of funds....
...KKR’s funds plan to house assets moving off the balance sheets of corporations, banks and insurers looking to simplify their operations or fund stock buybacks....
...Private equity buyers see an opportunity that has sometimes played out inside their own firms....
...It is accompanied by the opportunity to buy or sell Blackstone stock at any time. For retail investors, that is a lesson worth pondering....
...But the direct lending funds they manage may begin to post lower returns, investors said....
...Hedge fund Cyrus Capital will meanwhile convert a loan made to Esken into equity, picking up the company’s new minority stake in the airport, which is located 36 miles east of central London....
...“There’ll be some opportunities to buy digital goods, maybe even at some point physical goods.”...
...A resurgence in initial public offerings or sales would allow LPs to recoup their invested capital and recycle it....
...They added that the firm was not actively looking to exit Chord but UMG’s interest presented an exceptional opportunity to realise the value of KKR’s investment....
...Officially, it was an opportunity for Carlyle’s growing diaspora to congregate before the holidays....
...“We have continued to pick our spots and find new, exciting activist opportunities,” Icahn said in a news release....
...Blackstone marked down its property funds by more than 3 per cent during the fourth quarter, causing the group to miss out on some valuable fees it usually collects from the funds....
...Musicians saw their opportunity, too, with artists like Stevie Nicks and Shakira taking advantage of the bullish mood to sell their life’s work at eye-watering prices....
...In September it shut its US consumer, media and retail private equity investment group and dismissed some investment staff, choosing to focus on areas with better investment opportunities....
...The shift suggests that buying opportunities are appearing earlier in Europe as real estate investors navigate the downturn caused by higher rates....
...From Barclays: There appear to be fewer opportunities for private credit to deploy capital toward BSL-style loans in size....
...Increased borrowing costs are providing a rare opportunity for hedge funds to back struggling companies that could make a comeback. But some are barred by whitelists from investing....
...A 6 per cent exposure to Henderson Opportunities Trust is Saba’s largest. Since stock markets crashed in 2021, investors have shunned growth plays in favour of value investments....
...Some are seeing opportunities, too....
...that comes from fund finance versus the actual investment return”....
...The most important variable for gold prices, historically, is real rates, the opportunity cost for holding a yield-free metal....
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