Pension schemes question Cayman funds after EU ‘blacklist’ move

Pension schemes question Cayman funds after EU ‘blacklist’ move

The €119bn Danish public pension fund ATP said it will not invest in the Cayman Islands going forward Private equity firms could come under pressure to set up their funds outside of the Cayman Islands — a popular domicile for the vehicles — after the British overseas...
Citigroup names new chief executive for post-Brexit hub

Citigroup names new chief executive for post-Brexit hub

Braden’s appointment means the bank’s Europe ‘cluster’ will now be led out of Frankfurt, rather than Dublin Citigroup has named a new chief executive of its post-Brexit hub in Frankfurt, the latest step in the US investment bank’s reconfiguring of its European...
Blackstone’s Mr Fix-It profits with Japanese buy-and-hold bet

Blackstone’s Mr Fix-It profits with Japanese buy-and-hold bet

Newer set of funds focuses on real estate in Japan that offers a more predictable income stream Blackstone Group became one of the world’s top property investors by sticking to Jonathan Gray’s preferred formula for market-beating returns: buy it, fix it, sell it....