Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience. September 27, 2023

Nuveen Selling 801 Brickell To Monarch, Tourmaline Capital

Monarch Alternative Capital and Tourmaline Capital Partners are buying the 801 Brickell office tower in Miami for about $250 million, The Real Deal has learned. If the deal closes at this price, it would mark a record for a South Florida office investment this year. Monarch and Tourmaline are buying the 28-story building at 801 […] The post Record deal: Monarch, Tourmaline buying 801 Brickell for roughly $250M appeared first on The Real Deal.
Read by 64% of LPs 1hour ago

Alex Brummer: Keeping Takeover Predators At Bay | Daily Mail Online

True grit is a missing quality when it comes to flaccid directors of UK companies faced with takeovers. : True grit is a missing quality when it comes to flaccid directors of UK companies faced with overseas or public-to-private takeovers. Fighting the good fight is not made any easier by UK long investors who have evacuated equity investment in London, leaving the field open to American asset managers and an assortment of activists, hedge funds, private equity ghouls and get-rich-quick merchants.
Read by 44% of LPs 3hours ago

Sec Finalizing 19 New Settlements In Wall Street Whatsapp Probe: Reuters

The settlements are with investment advisors and broker dealers, according to the report, with details expected by Sept. 30. Related StoriesRaymond James Focuses on Power of Women at Symposium - EnclosureSenate Republican Calls for Tightening Net Investment Income Tax Rules - EnclosureSmaller 401(k), IRA Contribution Limit Increases Expected in 2024 - Enclosure.
Read by 56% of LPs 4hours ago

Thomas Capital Group Announces Final Closing For Fvlcrum Fund Lp With Over $302 Million In Commitments, Exceeding The $250M Target

Thomas Capital Group, a 25+ year old diverse placement firm experienced in raising capital globally for private equity funds including emerging and diverse managers, was proud to partner with FVLCRUM in helping them raise their debut commingled fund. GIG HARBOR, Wash., Sept. 28, 2023...
Read by 76% of LPs 11hours ago

Ai Startup Alphasense Valued At $2.5B After Latest Funding Round - Cna

Market intelligence platform AlphaSense has raised $150 million in a fresh round of funding that boosted its valuation to $2.5 billion, underscoring strong demand for artificial intelligence (AI) startups. The series E financing round was led by technology investment firm BOND and joined by existing investors including Alphabet's CapitalG, Viking Global Investors, and Goldman Sachs, AlphaSense said on Thursday. Big Tech companies including Amazon and Microsoft have been pouring billions into securing ties with AI startups that are reshaping their industry.
Read by 35% of LPs 11hours ago

Where Are All The Private Equity Bankruptcies?

Defaults are rising but sponsors have the money, tools and motivation to avert disaster. : Find & Invest in bonds issued by top corporates, PSU Banks, NBFCs, and much more. Invest as low as 10,000 and earn better returns than FD Unlock Your Trading Potential: Trade like Experts with SEBI registered creators, Learn from Courses & Webinars by India's Finest Finance Experts. Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas Few companies have felt the shock from soaring interest rates as much as those owned by private equity.
Read by 64% of LPs 12hours ago

Capital Square Hires Industry Veteran Megan Bosch As Senior Regional Vice President Of Mid-atlantic Sales

Hunter Lee will support internally, while Jeni Middaugh moves to vice president, RIA distribution. RICHMOND, Va., Sept. 28, 2023 /PRNewswire/ -- Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, announced today that industry veteran Megan Bosch has joined the firm as senior regional vice president, Mid-Atlantic sales. In her new role, Bosch will provide sales and marketing support for broker-dealers, registered representatives and registered investment advisors throughout Virginia, West Virginia, the District of Columbia, Delaware, Kentucky, Maryland, New Jersey, Ohio, and Pennsylvania.
Read by 61% of LPs September 27, 2023

The Importance Of Private Markets

But beneath the constant stream of public company news, the investable universe of publicly traded companies in the U.S. continues to shrink and grow older – declining by almost 50% over the last 25 years, from 8,090 in 1996 to 4,266 in 2019.1 Moreover, only 13.8% (2,829) of U.S. companies with annual revenues greater than $100 million are public, leaving public investors closed off from more than 18,000 private companies that operate at that scale.2   The implications of this trend are profound.
Read by 75% of LPs September 27, 2023

Bst: Private Equity, High Interest Rates Haunt This 9.80% Yielding Science And Tech Cef

The subject of today's article is the BlackRock Science and Technology Trust (BST), a perpetual closed-end fund trading at a 2.12% discount to its net asset value and featuring a 9.80% trailing distribution yield. As with many CEFs, a managed high distribution yield is the key draw, which fund managers achieve with the help of premiums received from selling covered call options on individual securities. However, BST has struggled recently, declining by 3.02% in August and 7.40% MTD through September 24.
Read by 41% of LPs September 27, 2023

Cipla In Advanced Talks With 2 Groups

Promoters in talks with consortiums led by Torrent and Baring. : Cipla Ltd’s promoters are in advanced talks with two consortiums—one led by Torrent Pharmaceuticals Ltd, with the participation of prominent family offices, and the other a group of buyout firms led by BPEA EQT and General Atlantic—to sell a controlling stake in India’s fourth-largest drugmaker for $6-7 billion, two people with direct knowledge of the matter said.
Read by 32% of LPs