Blackstone to buy Preferred Apartment Communities in $5.8bn deal

Blackstone to buy Preferred Apartment Communities in $5.8bn deal

Blackstone is buying apartment owner Preferred Apartment Communities Inc. in a deal valued at $5.8bn, extending its bet on rental housing across Sun Belt states. Blackstone will pay for $25 a share in cash for the Atlanta-based real estate investment trust, according...
HV Capital launches Germany’s first continuation fund of €430m

HV Capital launches Germany’s first continuation fund of €430m

Berlin and Munich-based VC firm HV Capital has just launched a continuation fund of €430m, which it says is the first in Germany. Continuation funds, which are more commonly used in private equity, can allow VC firms to hang onto their mature companies for longer with...