The Chinese fund management company subsidiaries of BlackRock, KKR and Italy’s Azimut Group have garnered the licenses required to raise money from qualified investors on the mainland for investment overseas. A Shanghai Municipal Office of Finance Service news...
Blackstone is buying a majority stake in Geosyntec Consultants, an engineering and consulting firm that shapes waterways, coastlines, dams and power grids. The world’s largest alternative asset manager is wagering that more companies and states will need...
BlackRock has secured more than $800m in initial commitments toward its $1bn target for the BlackRock Impact Opportunities Fund. This new fund, the first multi-alternatives strategy of its kind, is already beginning to invest in businesses and projects owned, led by,...
Plexus Capital announced that it has successfully raised $204m for its inaugural private equity fund. Plexus Equity Fund I secured commitments from leading institutional investors, family offices and high net worth individuals. Plexus is a multi-strategy private...
Private real estate funds managed by Brookfield Asset Management will acquire the outstanding shares of real estate investment trust Watermark Lodging Trust in an all cash transaction valued at $3.8bn. Pursuant to the May 6 deal, Brookfield will acquire the... 