The UK government has rejected a proposed change in capital gains tax rates that would have taken a bigger chunk of private equity profits. The decision was a response to a review of the capital gains tax system—commissioned by the UK’s finance ministry in July...
Abrdn is to buy investment platform interactive investor for $1.98bn in cash, as traditional asset managers seek to build up customers using online providers. Banks and asset managers are looking at ways to capture a new breed of investors who tend to be younger and...
Former President Donald Trump’s new social media venture is seeking to raise up to $1 billion by selling shares to funds and family offices at several times the valuation it commanded in a deal with a blank-check acquisition firm in October, two people familiar...
Mapletree Investments has closed its third private fund for the year, Mapletree US Logistics Private Trust (Muslog), at a total fund equity of $1.4bn. This brings its total private funds raised this year to US$2.5 billion – the highest ever raised in a year,...
Blackstone and Cabot Properties Inc., a leading investor, developer and operator of logistics properties throughout the United States, Europe and Australia, today announced that two vehicles affiliated with Blackstone Real Estate have acquired $2.8bn of... 