BlackRock Inc. attracted some of the world’s largest institutional investors and sovereign funds when a major stake was sold this month, illustrating chief Larry Fink’s connections with deep sources of capital in the U.S., Middle East and Asia. Existing...
Blackstone Group Inc. is dropping H2O AM from its roster of outside firms that help manage one of its main liquid alternative funds, the latest blow for the London-based macro firm run by Bruno Crastes and Vincent Chailley. H2O will cease being sub-adviser to...
The cashflow crisis caused by the Covid-19 pandemic will make external investment more appealing for many rights holders but some will be weighing up difficult questions about control and their future direction. What is an industry worth in storage? Sport’s partial...
SoftBank Group Corp. is exploring a sale of a minority stake in OSIsoft LLC that could be worth more than $1.5 billion, according to people familiar with the matter. SoftBank is working with a financial adviser to sell the stake in the industrial software company,...
Asset managers that ignore environmental, social, and governance factors may find themselves losing out on big mandates. In a recent survey of 110 asset owners globally, Morgan Stanley found that the plurality (35 percent) see themselves allocating only to managers... 