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Arep Recruits Schulman As Principal And Coo

American Real Estate Partners has appointed Paul Schulman as principal and chief operating officer. Previously, Schulman was president and COO of the U.S. office division of Brookfield Property Partners. PRESS [...]
Read by 57% of LPs 13 hours, 27 minutes ago

National Industry Leader Paul Schulman To Join American Real Estate Partners As Principal & Coo

National Industry Leader Paul Schulman To Join American Real Estate Partners As Principal & COO Company Continues Rapid Growth While Expanding Territories and Invested Assets PR Newswire HERNDON, Va., June 18, 2018 HERNDON, Va., June 18, 2018 /PRNewswire/ -- American Real Estate Partners (AREP) announced today the appointment of Paul Schulman as Principal and Chief Operating Officer. Mr. Schulman will assume responsibility for all day-to-day operations including leasing, marketing, property management, development, construction, asset management, finance and administration.
Read by 59% of LPs 19 hours, 27 minutes ago

Specialist Real Estate Investor Revetas Acquires Tpg's Trigranit | News | Ipe Ra

Revetas bought the asset with Goldman Sachs Asset Management's funds for an undisclosed sum. : Revetas, together with funds managed by Goldman Sachs Asset Management, has acquired a portfolio of Central and Eastern European office assets and office development projects from TPG Real Estate. The specialist real estate investor said it bought TriGranit with Goldman Sachs' vintage funds for an undisclosed sum. TriGranit's portfolio of Central and Eastern European assets comprises a total gross leasable area of over 173,000sqm, made up of office buildings fully leased to multiple tenants, and three permitted office development projects.
Read by 62% of LPs 21 hours, 57 minutes ago

Global Infrastructure Manager Opens Australian Office

A $13 billion global private markets investor will open an office in Melbourne to capitalise on recent success in Australian local infrastructure investment.
Read by 52% of LPs June 16, 2018

Paul Tudor Jones Talks Trade Wars, Interest Rates, Charity In The Private Sector

Paul Tudor Jones, founder of Tudor Investment Corp. and the Robin Hood Foundation, sat down with CNBC's Andrew Ross Sorkin Tuesday to discuss a plethora of investment topics. read more.
Read by 72% of LPs June 15, 2018

Hedge Fund Scoops Up Medallions Once Owned By Taxi King Evgency Freidman

A Connecticut hedge fund is reportedly the new owner of more than 100 medallions that used to belong to the city's taxi king, Evgeny Freidman. Freidman's medallions -- 139 of them -- were sold during an auction Thursday in Queens. Nearly all of them -- 131 medallions -- went to a stalking horse bidder who offered $170,000 a piece, totaling more than $22 million, before the auction. A second batch of eight medallions that Freidman formerly owned sold for $2 million at the bidding, or $250,000 a piece.
Read by 80% of LPs June 15, 2018

Wall Street Bankers Pile Leverage Onto Riskiest U.s. Buyouts

Goldman Sachs Group Inc. and Citigroup Inc. are among the banks that have doused companies with debt to an extent that would have been almost unthinkable a year ago, at least for a regulated bank. They're piling loans onto corporations that are being purchased in leveraged buyouts, and when the dust settles, companies like health-care services provider Envision Healthcare Corp. could have total debt around 7.5 times a measure of earnings. A year ago banks believed, with good reason, that regulators would view any ratio above six times as too high.
Read by 55% of LPs June 15, 2018

Chinese Smart Garbage Recycling Platform Xiaohuanggou Raises $164m Series A Round - China Money Network

Chinese online smart recycling platform Xiaohuanggou announced that it has raised a RMB1.05 billion (US$163.67 million) series A round from Beijing-headquartered asset management firm Zhongzhi Enterprise Group. The firm said its post-money valuation reaches RMB6 billion (US$935 million). Founded in 2017, Dongguan, Guangdong-based Xiaohuanggou is owned by Paithink Group, an investment company that focuses on fintech. It places smart garbage recycling machines close to residential areas, hotels and business centers. With Xiaohuanggou's app and WeChat mini-program, users can locate the ... Chinese Smart Garbage Recycling Platform Xiaohuanggou Raises $164M Series A Round appeared first on China Money Network.
Read by 66% of LPs June 14, 2018

Frugal Pensioners More Likely To Save Than Spend, Says Ifs - Citywire Money

Pensioners are defying the worst fears around the pension freedom reforms and are holding on to their wealth in retirement, research by Institute of Fiscal Studies reveals.
Read by 50% of LPs June 13, 2018

Affin Hwang Ropes In Former Rhb Bankers For Private Equity Push

Andrew Tan, another former M&A banker at RHB, has joined Bintang as vice president of investments. The post Malaysia's Affin Hwang ropes in former RHB bankers for private equity push appeared first on DealStreetAsia.
Read by 70% of LPs