Stephen Schwarzman’s investment funds Blackstone Group, Paul Singer’s Elliott Management and Fortress Investment Group are among those shortlisted for the second round of bidding to buy Japan’s Simplex Investment Advisors in a deal that could top $1 billion, three people with knowledge of the transaction said.
The second bidding round is expected to close by the end of this month, they added. U.S.-based property investment fund Aetos Capital Real Estate has put Simplex, a real estate asset management firm, up for sale…
Read the full story: click here
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at firstname.lastname@example.org.
REUTERS, TOKYO | BY JUNKO FUJITA