CHICAGO, Dec. 11, 2019 /PRNewswire/ -- A group led by Chicago trader and investor Michael Palumbo has sold the property at 435 N. LaSalle Street in Chicago's River North neighborhood for $17 million after holding it for four years. The buyer is Vista Property Group of New York and New Jersey. Ceres Acquisitions, LLC, lists MJP Capital, LLC, as its controlling investor and includes Skokie-based Elmdale Partners as a significant investor. The group initially paid $8.2 million for the 50,000-square-foot four-story brick building in 2015. Built in 1906, the office building recently went through a multi-million-dollar ...Full story available on Benzinga.com.
Real estate investment in the UK may have slowed this year, but a record amount of capital is still seeking a home in the country. More than US$80 billion of new capital is set to be allocated to London real estate, according to JLL research. However, lack of supply is holding back investors says Alistair Meadows, Head of UK Capital Markets at JLL.
We are still in an overall bull market and many stocks that smart money investors were piling into surged through the end of November. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 54% and 51% respectively. Hedge funds' top 3 stock picks returned 41.7% this year and beat the S&P 500 ETFs by 14 percentage points. Investing in index funds guarantees you average returns, not superior returns. We are looking to generate superior returns for our readers.
Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages. Hedge funds are known to underperform the bull markets but that's not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors.
Hedge funds are known to underperform the bull markets but that's not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Of course, they may also make wrong bets in some instances, but no one knows what the future holds and how market participants will react to the bountiful news that floods in each day. Hedge funds underperform because they are hedged. The Standard and Poor's 500 Total Return Index ETFs returned 27.5% through the end of November.
Private Equity Firms, The Healthcare Industry, And The Fca: The "butterfly Effect" In Action? | Wilmerhale
When Riordan, Lewis & Haden Inc. (RLH), a private equity firm, found itself ensnared in a False Claims Act (FCA) litigation for its role in a prescription drug kickback scheme orchestrated by one of its portfolio companies, it moved to have the...By: WilmerHale.
A $6.5 billion industry superannuation fund is making a raft of changes to its investment function, which will see the departure of its head of investment strategy.
Private equity firm Francisco Partners Management has partnered with hedge fund Elliott Management Corp. in a bid to take workplace software provider LogMeIn Inc. private for more than $4 billion, according to people familiar with the matter. The firms are in advanced discussions to acquire LogMein and could announce a deal in the coming weeks, said the people, who asked to not be identified because the matter isn't public. No final decision has been made and talks could fall through, the people said. Representatives for LogMeIn and Elliott declined to comment.
Westpac Banking Corp, grappling with a money-laundering scandal and accusations of enabling child exploitation payments, could see angry investors vote on Thursday against its proposals on executive pay and the re-election of a long-serving director.
Shares of XP Inc, Brazil's largest digital broker, closed up more than 25% in their Nasdaq debut on Wednesday, and the company said it will use the $1 billion proceeds from the stock offering to boost its banking unit.