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Senior Investment Manager, Funds and Co-investments gp
Sheffield, United Kingdom ,United Kingdom
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Founder-ceos Should Leave 3 Years After Ipo Or Earlier: Research
Posted on: Dec. 20, 2021, 11:31 a.m.
Founder-CEOs can hurt a company's fortunes if they stay too long after IPO, researchers found. : Investors and execs can be divided on the question, but researchers believe they've worked it out: any time in the three years after IPO. Not only should founder-CEOs step down within three years of taking their company public, staying longer could have a detrimental effect on the firm's value, according to preliminary findings from researchers at the University of North Carolina and the University … Full investment news article
Relevent to this post: Harvard Management Company
UCSF Foundation,
Blackstone Real Estate To Acquire Bluerock Residential Growth Reit In $3.6B Deal
Posted on: Dec. 20, 2021, 11:31 a.m.
Blackrock Residential Growth REIT Inc. shares soared more than 68% in Monday premarket trading after it announced it would be acquired by Blackstone Real Estate for $24.25 per share. The all-cash transaction is valued at $3.6 billion. Blackstone will get 30 multifamily properties, or 11,000 units, and a loan book secured by 24 multifamily assets in the transaction. The properties are largely located in Atlanta, Phoenix, Orlando, Denver and Austin, and were built, on average, in 2000. The deal is … Full investment news article
Relevent to this post: Appalachian State University Foundation
Blackstone Group,