Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience. February 14, 2019

Commercial Property Appraisals | Real Estate Valuation

Starwood Capital Group made a big bet on the U.S. retail market in November 2013. Barry Sternlicht’s private equity firm bought a 90 percent stake in seven malls from Westfield Group for $1.6 billion through an affiliated company. Located in towns like Toledo, Ohio, and Olympia, Washington, the malls were filled with national brands and boasted an average occupancy rate of 96 percent — the kind of properties considered a very safe bet at the […]
Read by 65% of LPs 23 minutes ago

Why Merger Arbitrage Hedge Funds May Have It Made In 2019 - Valuewalk Premium

Although the last few months of 2018 were gruesome for most hedge funds, some strategies did better than others, as usual. One strategy that's starting to capture investors' attention is merger arbitrage, which did hold up better when most other strategies failed. Michelle Jones was a television news producer for eight years. She produced the morning news programs for the NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spent a short time at the CBS affiliate in Huntsville. She has experience as a writer and public relations expert for a wide variety of businesses.
Read by 31% of LPs 43 minutes ago

A Once-sleepy Pension Fund Wakes Up | Institutional Investor

If you have not previously registered with a Euromoney group website please tick below so that we can keep you updated about Institutional Investor and other Euromoney group company products and services by: You can also visit our preference centre and make more specific selections based on your interests. Of course, you can unsubscribe at any time. If you have previously registered with a Euromoney group website and wish to update your marketing preferences, then please visit our preference centre to do so. The Saskatchewan Teachers' Federation is building an investment team to run its growing C$6 billion ($4.5 billion) portfolio, which is expected to double in size within 10 years.
Read by 56% of LPs 2 hours, 13 minutes ago

Olivia Jade Thinks Parents Lori Loughlin, Mossimo Giannulli 'ruined' Her Life With College Scandal: Report

YouTube star Olivia Jade reportedly blames her mother, Lori Loughlin, and father Mossimo Giannulli for "ruining her life" with the now-notorious college admissions scandal.
Read by 65% of LPs 3 hours, 43 minutes ago

Remembering Warren Hellman, Who Led Levi's Buyout In 1985

Warren Hellman, a legendary Bay Area investor and philanthropist, helped lead the buyout of Levi's 34 years ago. : Levi Strauss & Co., the 166-year-old bluejeans maker, went public on Thursday and closed its debut week with an $8.6 billion market cap. It's the first time the company has traded publicly since 1985, when a San Francisco-based financier named Warren Hellman helped lead a $1.6 billion buyout. Hellman wasn't particularly well-known at the time, having just started his private equity firm, Hellman & Friedman, a year earlier, following over a decade on Wall Street and early venture capital.
Read by 61% of LPs 3 hours, 43 minutes ago

Storebrand Generates Steady Returns For 2017 And 2018 | Swfi - Sovereign Wealth Fund Institute

Norway's largest private asset manager, Storebrand, had a 13.7% return on equity in 2018. Storebrand now has total assets under management of US$ 82.6 billion. The staggering results topped 2017's returns of 11.3%. Odd Arild Grefstad, CEO, was keen to point out that "2018 was a good year," in Storebrand's annual report. Grefstad also reflected [...]
Read by 49% of LPs 4 hours, 23 minutes ago

Mohawk Industries Inc (nyse:mhk) Q4 2018 Sentiment Report | Thorold News

Mohawk Industries Inc (NYSE:MHK) institutional sentiment decreased to 0.86 in 2018 Q4. Its down -0.11, from 0.97 in 2018Q3. The ratio is negative, as 192 hedge funds increased and started new stock positions, while 222 cut down and sold their holdings in Mohawk Industries Inc. The hedge funds in our partner's database now own: 55.11 million shares, up from 53.84 million shares in 2018Q3. Also, the number of hedge funds holding Mohawk Industries Inc in their top 10 stock positions decreased from 9 to 4 for a decrease of 5. Sold All: 90 Reduced: 132 Increased: 121 New Position: 71.
Read by 32% of LPs 4 hours, 23 minutes ago

New York State Common Retirement Fund Buys 1,355 Shares Of Staar Surgical (staa)

New York State Common Retirement Fund grew its holdings in STAAR Surgical (NASDAQ:STAA) by 2.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 57,850 shares of the medical instruments supplier's stock after acquiring an additional 1,355 shares during the quarter. New York State Common Retirement Fund owned 0.13% of STAAR Surgical worth $1,846,000 at the end of the most recent reporting period. A number of other hedge funds and other institutional investors have also modified their holdings of the business. Defender Capital LLC.
Read by 37% of LPs 4 hours, 23 minutes ago

Nuveen Asset Management Llc Acquires 415,000 Shares Of Wendys Co (wen)

Nuveen Asset Management LLC grew its holdings in Wendys Co (NASDAQ:WEN) by 121.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 756,000 shares of the restaurant operator's stock after purchasing an additional 415,000 shares during the quarter. Nuveen Asset Management LLC owned approximately 0.32% of Wendys worth $11,801,000 at the end of the most recent reporting period. Several other hedge funds and other institutional investors have also recently bought and sold shares of WEN.
Read by 71% of LPs 5 hours, 43 minutes ago

India: Gvk Hikes Its Stake In Mial To 74% In Bid To Block Rivals

GVK's plans to divest its own stake in MIAL to raise funds could run into trouble in view of the latest developments. The post India: GVK hikes its stake in MIAL to 74% in bid to block rivals appeared first on DealStreetAsia.
Read by 31% of LPs 5 hours, 43 minutes ago

Why India's Wealthiest Families Are Setting Up Family Offices

Family offices are becoming increasingly popular amongst India's growing ultra-wealthy population, but while family businesses are deeply entrenched in the country, family offices are still a relatively new phenomenon. Susan Lingeswaran reports When Uday Kotak, managing director of Kotak Mahindra Bank and the eighth-richest person in India, announced earlier this year that he was setting up a family office to invest his $10.3 billion fortune, it was hard to ignore the sense that a tide had turned. Traditionally, it was European and American families who dominated the global office space.
Read by 80% of LPs