Hedge Funds Are Pocketing Much of Their Clients’ Gains With ‘No Limit’ Fees
A Bloomberg analysis of the major hedge funds’ regulatory filings shows their passthrough fees have exploded in recent years.
Bain Capital Eyes $340 Million Loan for Blackstone’s Avery Lodge
Bain Capital LP is raising a S$460 million ($340 million) loan to back its purchase of Blackstone Inc.’s Singapore-based ...
Blackstone Set for New York Office Comeback With Midtown Buy
Blackstone Inc. is nearing an agreement to purchase a Midtown Manhattan tower, which would mark a return to New York office dealmaking for the world’s biggest real estate investor. Most Read from Bloo ...
Brookfield’s Credit Arm Is Now Its Largest Source of Assets
Brookfield Asset Management raised $29 billion in the fourth quarter, most of it through its credit business, which has ...
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Private Equity Firms Are Finding New Ways To Curb Creditor Power
They’re adding new provisions to debt documents to curb creditor voting rights, and are also pushing back against so-called cooperation agreements between lenders. These proactive measures by buyout ...
Waikiki’s Hyatt Regency Said to Be Offered for Sale by Mirae
Mirae Asset Global Investments Co. is exploring a potential sale of the Hyatt Regency Waikiki. Mirae is working with Jones Lang LaSalle Inc. to approach would-be buyers for a transaction that could ...
US Direct Lender Monroe Capital Opens First Australian Office
Monroe Capital LLC, a US private credit manager, is expanding in Australia to tap the nation’s fast-growing A$4.1 trillion ...