$1.7bn Deal is Largest for India Real Estate Sector. Private equity giant Blackstone group is planning to acquire Prestige Group’s rental income assets for over $1.7 billion, or Rs 12,745 crore. This buyout will be the largest for the real estate sector in India. This transaction will prove to be useful to Prestige Group as …
Private Equity: Blackstone to Acquire Prestige Group Assets Read More »
COVID-19 is sparking a critical decline of overseas buyer interest. Foreign buyers have historically been a large part of the United States real estate market. Lately, however, the size and scope of foreign buyers has been declining. Even worse, the Coronavirus pandemic could exacerbate this trend as international buyers step away from the market. In …
Real Estate: Foreign Buying of U.S. Properties Has Glim 2020 Outlook Read More »
Private Equity Meets Both Privacy Concerns and Major Growth in Next-Generation Industry. The PE space is buzzing over private equity giant Blackstone’s acquisition of DNA testing company Ancestry. The firm now holds a majority of the company following a $4.7 billion dollar buyout. This is a unique acquisition due to the nature of Ancestry. People …
Blackstone Acquires Largest Consumer DNA Database Read More »
Ares Leapfrogs Competitors Through Pandemic. Investment firm giant Ares has raised $5 billion for its private equity fund in the second quarter. The firm’s goal is to raise up to $30 billion across all practices, including real-estate and credit. So far in the quarter, Ares raised $400 million for its real-estate fund and $3.9 billion …
Private Equity: Ares Raises $5 Billion En Route To $30 Billion 2020 Haul Read More »
Sender Company & Partners Up 30% YTD. Hedge fund Sender Company & Partners has seen a 30 percent net gain in 2020 following a series of bets on stocks that are popular on the Robinhood trading platform. Hertz, Tesla and Nio were among those driving skyrocketing returns. Sender is among a group of institutional investors …
Sender’s Hedge Fund Sees Sharp Gains Amid Unprecedented Robinhood Stock Trading Read More »