Tiny activist investor Bluebell Capital Partners is taking aim at BlackRock and wants to replace longtime CEO Larry Fink, criticizing the world’s largest asset manager as being inconsistent in its focus on ESG issues. Bluebell, with roughly $250m in assets, said...
Blackstone Inc said redemptions from its $50bn non-traded business development company reached its pre-set limit for the first time but investors were still allowed to cash out on their investments. This is the first time redemption requests had reached the pre-set...
The Massachusetts Pension Reserve Investment Management Board (MassPRIM) has approved an additional allocation of up to $785m to new private equity and real estate debt investments, according to a report by Pensions & Investments Online. The report cites MassPRIM...
U.S. sports platform Fanatics has raised $700m in a new financing round led by private equity firm Clearlake Capital, valuing Fanatics at $31bn, sources familiar with the matter said on Tuesday. LionTree and existing investors Fidelity, Sliver Lake and Softbank also...
BlackRock has raised €415m for the firm’s second European Long-Term Investments Fund (ELTIF), bringing total fundraising for its ELTIFs to almost €1bn. The Private Infrastructure Opportunities ELTIF exceeded fundraising targets and follows BlackRock’s Private... 