Blackstone’s Top Three Get $803 Million Pay, Dividends in 2019

Blackstone’s Top Three Get $803 Million Pay, Dividends in 2019

Blackstone Group Inc. co-founder Steve Schwarzman and his top two executives collected a combined $802.6 million in compensation and dividends last year. Schwarzman’s haul consisted of $452 million in dividends and around $53.5 million in carried interest, the New...
Morgan Stanley Not Done With Acquisitions Post E*Trade, CFO Says

Morgan Stanley Not Done With Acquisitions Post E*Trade, CFO Says

Morgan Stanley isn’t ruling out more deals after its biggest acquisition in a decade. The bank will still look for smaller purchases that could build up its asset-management unit, Chief Financial Officer Jon Pruzan said at an investor conference Thursday....
Brookfield to Weigh $5 Billion Sale of Capital Automotive

Brookfield to Weigh $5 Billion Sale of Capital Automotive

Brookfield Property Partners LP is weighing a sale of auto dealership landlord Capital Automotive, which could fetch about $5 billion including debt, according to people with knowledge of the matter. The real estate giant is interviewing advisers ahead of a potential...
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...