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Investcorp Buys Five Apartment Buildings Across U.s.
Private equity firm Investcorp Holdings has purchased five apartment buildings across the U.S. in a deal valued at $330 million. The buildings — located in the suburbs of Atlanta; Baltimore, Maryland; and Jacksonville, Florida — contain a combined 1,800 rental units geared toward middle-income renters, according to Bloomberg News. The deal bolsters Investcorp’s multifamily portfolio at a time when investors are increasingly favoring residential assets over offices and hotels. It also follows a sale last ... [more] The post Investcorp … Full investment news article
Relevent to this post: Wells Fargo & Company
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Chamath Palihapitiya Says Wallstreetbets Traders Can Do The Same Fundamental Analysis As Hedge Fund Managers Who 'don't Have An Edge' | Markets Insider
Palihapitiya told CNBC the 2.7 million users on WallStreetBets are as important to the market as any hedge fund. : Chamath Palihapitiya told CNBC on Wednesday the recent frenzy of trading stemming from Reddit's WallStreetBets demonstrates that retail investors can do the same quality of analysis as hedge fund managers who "don't have an edge." The billionaire investor sees a "pushback against the establishment" from retail investors, many of whom watched their parents lose money during the financial crisis while … Full investment news article
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University of Nebraska Foundation,