Wakefield Superdrug Warehouse Sold To Arrow Capital Partners In £17.25M Deal
The health and beauty retailer has occupied the property for nearly 34 years. :
The 296,500 sqft property at South Elmsall has been sold by a client of global asset management group Columbia Threadneedle Investments to Arrow Capital Partners, an Australian investor, developer and manager of real estate in Europe and Asia. It will become part of Arrow's €3bn Strategic Industrial Real Estate (SIRE) joint venture with US private equity firm Cerberus. The warehouse is on an 18-acre site and is let to Superdrug Stores Plc until December 2025.
Coinbase Asset Management Plans Tokenized Money-market Fund, A Hot Area After Blackrock's Buidl Success: Sources
The asset management arm of U.S.-listed cryptocurrency exchange Coinbase (COIN) is creating a tokenized money-market fund, jumping into one of the hottest crypto-powered corners of finance, according to four people familiar with the plan. Tokenization, or representing ownership of real-world assets (RWAs) through blockchain-based products, has become one of the big trends in crypto of late. BlackRock, the world's biggest asset manager, introduced a fund called BUIDL that holds U.S. Treasuries. That fund quickly hit $500 million of assets following its introduction in March.
As Smaller Hedge Funds Return Cash, Ex-goldman Sachs Mds And Others Are Precarious
When Eugene King, a Goldman Sachs' managing director and London-based metals and mining analyst, left the bank after a decade in 2020 to join Lijaro Asset Management, he presumably thought it was a good idea. Get Morning Coffee ☕ in your inbox. Sign up here.Lijaro, an equity long short hedge fund founded by ex-Balyasny portfolio manager Stephen Irvine, generated returns of nearly 11% in 2020 according to Bloomberg, followed by nearly 7% in 2021. In March 2024, however, it closed its doors after two years of losses.
Agree Realty Corporation (adc) Q2 2024 Earnings Call Transcript
Reuben Treatman - Senior Director of Corporate Finance Joey Agree - President & Chief Executive Officer Peter Coughenour - Chief Financial Officer Ronald Kamdem - Morgan Stanley Smedes Rose - Citi Farrell Granath - Bank of America Mitch Germain - Citizens JMP Eric Borden - BMO Capital Markets Brad Heffern - RBC Capital Markets Alec Feygin - Baird Upal Rana - KeyBanc Capital Markets Michael Goldsmith - UBS John Kilichowski - Wells Fargo Linda Tsai - Jefferies Good morning and welcome to the Agree Realty Second Quarter 2024 Conference Call. All participants will be in listen-only mode.
Legal Software Firm Clio Raises $900M Round To Power Ai Advances
Clio believes t AI will help lawyers by giving them more time to find and serve more people who are currently doing without representation.
Commercial Drone Solutions Startup Aereo Secures $15M In Series B Funding Round
Aereo delivers business intelligence solutions to help manage large capital assets using proprietary drones and an AI-powered data analytics platform.
Cultureai Raises $10M In Series A Funding To Evolve
London, UK. 17 July 2024: Leading Human Risk Management Platform, CultureAI, today announced it has closed a $10 million Series A funding round. The funding was jointly led by Mercia Ventures and Smedvig Ventures, with existing investors Passion Capital and Senovo also continuing their support.
Blackrock Leads The Charge In An Expanding Market (nyse:blk)
BlackRock (NYSE:BLK) is one of the world's preeminent asset management firms, premier provider of investment management, and leading providers of investment, advisory and risk management solutions. BlackRock seems poised to continue scaling its Assets Under Management, which ultimately drives large revenue growth for the firm. Additionally, its AUM allows for guaranteed revenue through its fixed management fees from its sticky customer base, while allowing for potentially larger revenue streams through its performance fees. If markets remain hot, BlackRock's investments are likely to deliver even stronger value for clients, in turn, potentially triggering performance-based fees.
Standard Chartered’s Zodia Markets Plans To Acquire Alan Howard-backed Crypto Firm: Report
Zodia Markets, Standard Chartered's crypto subsidiary, is in talks to acquire Elwood Capital Management, a crypto company backed by hedge fund billionaire Alan Howard, Bloomberg reported, citing “people with knowledge of the matter.”Although the deal has not been officially confirmed yet, it is reportedly expected to be closed before the end of this month. However, the financials and other details of the deal remain unknown.An OTC Crypto Service ProviderElwood Capital offers over-the-counter crypto trading and settlement services.