The owners paid $72 million back in late 2018 for the 312,500-square-foot asset in Long Island City. : North River Co. and North Colony Asset Management have obtained a $51 million refinancing loan for the Matsil Building, a 312,500-square-foot industrial/flex property in Long Island City, N.Y. Cushman & Wakefield arranged the deal for the landlord, while affiliates of AIG provided the fixed-rate debt. The duo purchased the property in December 2018, in a $72 million deal. Completed in 1949 on a nearly 3-acre lot, the recently renovated, three-story asset at 48-49 35th St. is fully leased.
Coinbase, the U.S.-based cryptocurrency exchange that went public this week with a direct listing of its shares on Nasdaq, is missing out on the latest frenzy whipping up gasps and chortles in digital asset markets: a ferocious rally in dogecoin (DOGE) that has pushed returns on the doggy-faced meme token to more than 6,000% for the year to date. And it's not just the price inducing the saliva.
Hedge fund managers will play a crucial role in figuring out who's not living up to their environmental, social and governance promises, according to an adviser to the industry. Petra Dismorr, chief executive officer of London-based NorthPeak Advisory, spends her time telling hedge funds and private equity firms in the U.S., Asia and London that ESG considerations are key to winning mandates in Europe. She also says hedge funds will ultimately have an edge when it comes to addressing a principle investor concern: policing companies that might not be as clean as they claim.
Property company FI Real Estate Management (FIREM) has acquired the Wrexham-based warehousing company. : Property company FI Real Estate Management (FIREM) has acquired the Wrexham-based warehousing company Property and asset management company FI Real Estate Management (FIREM) has acquired Wrexham-based warehousing firm F.Lloyd (Penley) - taking on 833,000 sq ft of space on the town's industrial park. This increases the Lancashire based firm's portfolio of high-quality warehouse space on Wrexham Industrial Estate, with a further 1.3m sq. ft of new build developments in the pipeline.
Edmond de Rothschild buys 384 apartment Merlin Wharf PRS scheme in city's Waterside. : A European property investment company has bought the new Merlin Wharf complex in Leicester's Waterside for PS60 million. Edmond de Rothschild Real Estate Investment Management (REIM) has acquired the huge scheme overlooking the River Soar, in Bath Lane. A few days ago Deutsche Finance International announced it was buying the nearby Tannery student block for PS35.6 million. Edmond de Rothschild's UK residential investment fund had already put up the money for the Merlin Wharf development on behalf of its European institutional investors.
$14B Hedge Fund Brevan Howard Set To Start Buying Cryptocurrencies, As Institutional Interest Booms | Currency News | Financial And Business News | Markets Insider
Summary List Placement Brevan Howard, a $13.7 billion hedge fund, is set to start buying cryptocurrencies. The hedge fund would be the latest big-name investor to get involved with crypto. Data showed that crypto hedge funds have reaped massive returns in 2021, gaining 117% in Q1. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Brevan Howard, one of Europe's largest hedge funds, is set to become the latest big-name investor to start buying cryptocurrencies.
Hedge fund giant Man Group's funds under management rise with strong performance and positive flows Submitted By Hugh Leask | 16/04/2021 - 11:24am Man Group saw its funds under management swell further during the first three months of the year, rising to USD127 billion thanks to strong investment performance and continued investor inflows. The London-based publicly-traded hedge fund giant added USD3.4 billion during the first quarter, having ended 2020 at USD123.6 billion.
The firm's co-founder Alan Howard already has a personal stake in One River Digital Asset Management's crypto ventures. Brevan Howard, a U.K.-based asset management firm, is reportedly planning to directly invest in digital assets after more than a year of exposure to the crypto space. According to a Bloomberg report, Brevan Howard Asset Management will be allocating 1.5% of the $5.6 billion in its main hedge fund to crypto -- roughly $84 million.
Odey Asset Management's Special Situations Fund was down 3.2% in March, compared to its benchmark, the MSCI World USD Index, which was up 3.3%. Through the end of March, the fund is up 8.7%, beating the benchmark's return of 4.9%. Q1 2021 hedge fund letters, conferences and more Odey's Special Situations Fund deploys arbitrage and Read More Much has been made of the short-squeezes in late January. In fact, Congress held hearings, where it called the leaders of Robinhood, Melvin Capital and Citadel and an individual investor who made a great call on GameStop (NASDAQ:GME) to testify.