by Sebastian | May 13, 2022 | News
The Chinese fund management company subsidiaries of BlackRock, KKR and Italy’s Azimut Group have garnered the licenses required to raise money from qualified investors on the mainland for investment overseas. A Shanghai Municipal Office of Finance Service news...
by Sebastian | May 13, 2022 | News
Blackstone is buying a majority stake in Geosyntec Consultants, an engineering and consulting firm that shapes waterways, coastlines, dams and power grids. The world’s largest alternative asset manager is wagering that more companies and states will need...
by Sebastian | May 13, 2022 | News
BlackRock has secured more than $800m in initial commitments toward its $1bn target for the BlackRock Impact Opportunities Fund. This new fund, the first multi-alternatives strategy of its kind, is already beginning to invest in businesses and projects owned, led by,...
by Sebastian | May 13, 2022 | News
Plexus Capital announced that it has successfully raised $204m for its inaugural private equity fund. Plexus Equity Fund I secured commitments from leading institutional investors, family offices and high net worth individuals. Plexus is a multi-strategy private...
by Sebastian | May 13, 2022 | News
Private real estate funds managed by Brookfield Asset Management will acquire the outstanding shares of real estate investment trust Watermark Lodging Trust in an all cash transaction valued at $3.8bn. Pursuant to the May 6 deal, Brookfield will acquire the...
by Sebastian | May 13, 2022 | News
Fintech platform TIFIN said on Thursday it had raised $109m in fresh capital in a late-stage funding round, with investments from Franklin Resources and J.P. Morgan Asset Management, that valued the firm at $842m. The new series D round also saw investments from...