by Sebastian | Jan 28, 2021 | News
Blackstone Group Inc. deployed a record $25.4 billion in the fourth quarter, as the world’s biggest alternative asset manager sealed large deals and found opportunities in an economy ravaged by the Covid-19 pandemic. New York-based Blackstone spent $11.7 billion on...
by Sebastian | Jan 27, 2021 | News
Property giant China Evergrande’s Hong-Kong listed electric vehicles firm said on Sunday it would bring in six new investors to raise HK$26 billion ($3.4 billion) to fund technology research and repay debt. China Evergrande New Energy Vehicle Ltd will issue 952.4...
by Sebastian | Jan 27, 2021 | News
SparkPost, the world’s largest email sending and optimization platform delivering nearly 40 percent of the world’s commercial email, today announced it has secured $180 million from LLR Partners, NewSpring Capital and PNC Bank to invest in the next era of...
by Sebastian | Jan 27, 2021 | News
Credit manager Marathon Asset Management has raised $900 million for extending asset-backed loans to companies that may be struggling to find financing, as a pullback from major lenders has allowed alternative asset managers to step in. The firm will invest in loans...
by Sebastian | Jan 27, 2021 | News
Bahrain’s Investcorp is buying five garden-style apartment properties in the US for $330 million, as multifamily assets attract investor interest during a pandemic that has made residential real estate more appealing than offices, hotels and malls. The properties...
