We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used.
Add this topic to your myFT Digest for news straight to your inbox
It is no coincidence that alternative asset groups are among the chief pursuers of SVB’s loan books
Apollo, Blackstone and KKR among private capital groups eyeing $74bn portfolio
St Katharine Docks attracts nearly 6mn visitors each year
Apollo and Blackstone among those poised to provide $5.5bn of debt to buyout group for purchase of 50% stake in Cotiviti
Investors in Breit property vehicle sought to withdraw $3.9bn in February, down from record in previous month
Record income for private equity firm founder reflects dividend payments and asset sales
Withdrawals have almost trebled since October
Hundreds affected as one of biggest US landlords calls time on long period of pandemic forbearance
Plus, Big Oil shareholders get a windfall and Franklin Templeton’s dealmaking-fuelled reinvention
The turmoil of 2022 and the disclosure of Breit redemptions have put the asset manager on the defensive
Private equity group already contending with investors wanting to pull cash from Breit
Restrictions suggest ‘broadening contagion’ as retail investors cash out of private vehicles
Court ruling over Stuy Town delivers blow to firm over Manhattan apartment complex
Is it a sign of confidence or distress?
Private equity group offers minimum annual return of 11.25% with $1bn backstop to entice endowment
Firms are having trouble finding people to hand over cash
Asset manager’s real estate and credit vehicles have been hit by wave of redemption requests
London-listed music group seeks to revive stock after run of deals end
Stephen Schwarzman calls Breit vehicle ‘some of our best work’ after limits on investor withdrawals
Basically, aggressively ratchet up rents and restart evictions
Plus, Vodafone’s CEO packs up his desk and Digital Currency Group’s FTX-esque fiasco
BREIT contagion candidates
Redemptions from Breit accelerated in July as Asian property markets plunged and interest rates rose
Relax though, this isn’t the summer of 2007
Plus, can bitcoin reinflate?
International Edition
