Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience. July 12, 2019

Why Private Equity Will Continue To Play A Role In Institutional Portfolios

During the private equity panel at the Trusted Insight Summit 2019, senior-level investment leaders from two endowments, a health care system, and a public pension shared their thoughts on how private markets will continue to develop in the next decade and how it will impact institutional portfolios. They also discuss why they will continue strategic and consistent deployments into private equity rather than a tactical approach; the emerging market opportunities that they are focused on; and how active and hands-on they are when working with new funds.
Read by 57% of LPs 14 minutes ago

Global Macro Hedge Funds Struggle To Regain Top Form - Barron's

This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit https://www.Financial Global macro, the hedge-fund style that made George Soros and Alan Howard famous, is struggling to recover from a dire 2018--with one investor lamenting that top funds are "just not there anymore." Macro managers, who seek to profit from large-scale economic and political shifts by placing bets on interest rates and bond yields, have on average failed to capitalize on the volatile markets and widespread political turmoil of recent years.
Read by 52% of LPs 14 minutes ago

Prologis To Buy Industrial Property Trust For $4B | Daily Business Review

Black Creek Group is the seller of the 37.5-million square foot portfolio, which is 96% leased. : DENVER and SAN FRANCISCO--Prologis and Denver-based Black Creek Group have come to an agreement in which Prologis will buy Black Creek's investment platform Industrial Property Trust in an all-cash transaction of $3.99 billion. Erika Morphy has been writing about commercial real estate at for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
Read by 74% of LPs 14 minutes ago

Skw And Bain Capital Credit Jv Targets Distressed Us Real Estate | News | Ipe Ra

The JV's first acquisition is $27m portfolio secured by apartments in Texas. : Bain Capital Credit and commercial property debt platform SKW Funding have teamed up to invest $500m (EUR445.8m) in opportunistic US real estate loans over the next two-and-a-half years. In a statement, the companies said the newly formed joint venture, which targets sub- and non-performing notes, has acquired a $27m portfolio of four non-performing notes secured by 652 garden-style apartment units in San Antonio, Texas. The joint venture will seek opportunities nationally, with a focus on acquisitions in the greater New York City market.
Read by 70% of LPs 1 hour, 14 minutes ago

New York Multifamily Market Slowdown Continues

New York's slow multifamily market has continued to plague the real estate industry through the first half of the year, with the number of deals hitting their lowest point since 2011, according to a new report from Ariel Property Advisors. Overall, the city saw about $3.4 billion worth of sales across 169 deals and 238 buildings from January through June, respective declines of 47, 24 and 50 percent compared to the second half of 2018. [...]
Read by 56% of LPs 1 hour, 14 minutes ago

Rocks Global Listed Private Equity (glpe) Index Gains 5.97% In Q2-2019

Red Rocks Capital announced today that its Global Listed Private Equity (GLPE) Index advanced 5.97% during Q2-2019, outpacing global all-cap and small/mid-cap public equities, global REITs, and global hedge funds as low interest rates, attractive valuations, and a healthy exit environment provided favorable conditions for private equity investing.
Read by 51% of LPs 1 hour, 14 minutes ago

Willis Tower's Street-to-sky Transformation Continues With New Wacker Drive Lobby, Art Installation Unveiling | Benzinga

CHICAGO, July 16, 2019 /PRNewswire/ -- EQ Office, the U.S. office portfolio company wholly-owned by Blackstone, has reopened Willis Tower's Wacker Drive lobby, featuring a new, one-of-a-kind art installation created by distinguished artist Jacob Hashimoto. The lobby has been transformed into an open, light-filled entryway as part of Willis Tower's more than $500 million renovation project, the biggest restorative transformation in the building's 46-year history. While the lobby was closed for the past year during construction, it is now open and accessible to the public and building tenants.
Read by 61% of LPs 1 hour, 24 minutes ago

Hedgewire 16/07/19 Newsletter

Newsletter Items: Hedge funds back in the black in JuneTradingScreen certifies with IHS Markit thinkFolioCalastone appoints Chief Financial OfficerRedBird Capital Partners and Reverence Capital Partners to acquire Vida CapitalBanner: 2014Footer label: PODCASTFooter image: Footer content: Podcast: More Monet than machine - Why AI tools require an artistic touch in portfolio managementFooter call to arms: LISTEN NOWMax ads: article link: ENSO Data Insights now availablearticle teaser: ENSO's Data Insights provides best execution data to optimize counterparty management and deliver alpha to fund performance.
Read by 48% of LPs 1 hour, 44 minutes ago

Magic Circle Duo Leads On EUR1.6B Building Supplies Sale To Blackstone | Legalweek

The acquisition comes less than a month after Blackstone acquired part of Merlin Entertainments. : Clifford Chance and Slaughter and May are advising on the sale of Irish building materials company CRH's Europe Distribution business to private equity giant Blackstone in a EUR1.6 billion deal. One of Europe's largest lottery companies is set to take over Greece's biggest gambling company. "Some firms send satisfaction questionnaires to clients, undertake annual business reviews and the like.
Read by 36% of LPs 1 hour, 44 minutes ago

Pe Hub Wire Highlights, 7.16.19

Sun Capital to allow LPs in Fund VI to cash out; Harbourvest MD Bacon takes advisory role; Warburg puts Liaison International on the block Average equity commitments have jumped. Private equity firms [...]
Read by 66% of LPs 1 hour, 44 minutes ago

Visa Invests In Payments Infrastructure Builder Finix

Finix, a payment infrastructure platform built by former executives from First Data, PayPal, and Wor...: Finix, a payment infrastructure platform built by former executives from First Data, PayPal, and Worldpay, has secured a $17.5 million Series A funding round led by Bain Capital Ventures, with participation from Insight Venture Partners, Aspect Ventures and Visa.
Read by 62% of LPs