Tag archive for ‘BlackRock’
News Brief On Tuesday, January 26th, 2016

Bill Ackman’s hedge fund sues CWCapital for $500 Million over Stuy Town

  Pershing Square Capital Management and Winthrop Realty Trust are suing CWCapital for $500 million, claiming they got bilked out of a fat profit when the special servicer foreclosed on Stuyvesant Town-Peter More...

Jewish Business News On Thursday, December 10th, 2015

BlackRock to buy $2.7 Billion in European real estate

  The world’s largest asset manager, BlackRock, plans to take advantage of the weak euro to buy as much as $2.7 billion in European property over the next three years. The euro has fallen by about More...

News Brief On Tuesday, November 24th, 2015

BlackRock Said Planning to Sell Group of Private Equity Funds

BlackRock Inc., is selling a portfolio of private equity funds because of the high prices some assets are fetching in the secondaries market, people with knowledge of the matter told Bloomberg. The world’s More...

Niva Goldberg On Wednesday, November 4th, 2015

Bank of America sells $87 billion money-market funds unit to BlackRock

    BlackRock Inc. has agreed to purchase an $87 billion money-market fund business from Bank of America Corp. as it builds scale in an industry grappling with new regulations. The deal will involve More...

News Brief On Tuesday, October 20th, 2015

Top record price: Blackstone in Deal to Buy NYC’s Stuyvesant Town for $5.3 Billion

Private equity firm said to pay $5.3 billion for complex Agreement made to keep about 5, 000 of the units affordable Stephen Schwarzman’s investment funds Blackstone Group reached an agreement More...

Niva Goldberg On Thursday, September 10th, 2015

BlackRock executive Charles Hallac dies at 50

BlackRock has lost Charles Hallac, co president and a close friend of Larry Fink, after a battle with cancer at age 50. Hallac grew up in a Jewish family in Manila, Philippines.  His wife and their three More...

Ilan Shavit On Thursday, August 27th, 2015

Larry Fink’s BlackRock buys robo-adviser firm FutureAdvisor for estimated $200 million

  BlackRock the world’s biggest fund manager, is buying FutureAdvisor, a company that develops robo-adviser technology, for between $150-$200 million. FutureAdvisor is reported to have $600 More...

Ilan Shavit On Monday, August 10th, 2015

BlackRock is big Japanese pensions winner: FT

  BlackRock, and CEO Larry fink, has been the big winner of the decision by the world’s largest pension fund to invest half of its assets in equities, report Chris Newlands from FT.   BlackRock, More...

News Brief On Monday, July 27th, 2015

Why ASIC’s Greg Medcraft backs BlackRock’s Larry Fink over Carl Icahn

  One morning almost two weeks ago, securities regulator Greg Medcraft awoke in Sydney to an extraordinary news story about American hedge fund tsar Carl Icahn accusing the world’s biggest investment More...

News Brief On Wednesday, July 8th, 2015

CEOs love share buybacks for the most obvious reason in the world

  BlackRock CEO Larry Fink wrote to the chief executives of all the S&P 500 companies in April asking them to lay off on stock buybacks and dividend payouts, he ignited a debate about shareholder More...

Wordpress site Developed by Fixing WordPress Problems