It's no secret that alternative investment companies have become massive landlords. They have raised about $18 billion to buy more than 100,000 homes nationwide, aiming to either rent them or sell them at big profits.
Fortune offers an interesting look at the recent decline in monitoring fees that were once so lucrative for the general partners of private equity funds.
American Homes 4 Rent---which has bought up thousands of residential properties---as plans to sell preferred shares to the public that will allow investors to share in the appreciation of the...
By some measures, the venture capital industry is mired in tough times, still searching for a winning post-dot.com business model. The industry has radically changed over the past 5 to 10 years, but the bloom never quite made it back onto the rose. This may or may not be permanent.
It's fair to say that the private equity business isn't what it used to be. Sure, exits are strong right now, and some institutions are ponying up to new funds being raised. But we can all agree the heyday is over. It might have crested with the anointment of Steve Schwarzman as the new king of the industry. Things haven't been the same since.
Is it over for Carl Icahn in the Dell buyout sweepstakes? Last week's court decision ostensibly dealt his efforts a massive body blow.
The Lex column at the Financial Times notes that realized carried interest at Blackstone, KKR and Apollo is up a collective 400 per cent so far this year. If you were to count dividends and share...
In the Dell buyout drama, various reports about the poor state of the PC market have dribbled out amid the Michael Dell vs. Carl Icahn back and forth. Those reports attest to terrible market conditions, yet the reports have been seen as good news, at least for Team Dell-Silver Lake.
Blackstone has announced that it has added a mechanism by which it can add retail customers. Fidelity's Portfolio Advisory Service will now able to place retail client money in the Blackstone...
The conventional wisdom holds that Carl Icahn is on the defensive right now in his effort to buy computer company Dell. Michael Dell and his private equity partner Silver Lake have successfully prodded the board's special committee to make some key voting rule changes and accept his dividend-sweetened bid for the company. With the PC market continuing to deteriorate, his bid is looking better and better in the eyes of some.