Argosy Real Estate Partners acquires the National Marriott portfolio by Released | Jan 9, 2019 Argosy Real Estate Partners IV and its parallel funds, in partnership with PEG Development, has acquired a five-property, 617-room, select-service hotel portfolio.
Volkswagen plans green-power alternative to Tesla’s energy push by Andrea Zander | Jan 8, 2019 Volkswagen AG is setting up its own charging and electricity unit in a bid to make the German manufacturer’s upcoming battery-powered cars more attractive to buyers, according to Bloomberg.
Billionaire Oracle founder reveals $1b stake in Tesla by Andrea Zander | Jan 8, 2019 Oracle founder Larry Ellison has disclosed a holding worth $1 billion in Tesla after being appointed to the company’s board in December.
KKR co-founder to sell Colorado ranch for $46m by Andrea Zander | Jan 8, 2019 Henry Kravis, the billionaire co-founder of private equity giant KKR, has plans to place his luxurious Colorado ranch on the market for $46 million, according to The Wall Street Journal.
More than 60% of U.K. advisers to increase infrastructure allocation by Released | Jan 8, 2019 Over six-in-10 (62 percent) U.K. financial advisers are looking to increase their clients’ allocation to infrastructure over the next three years, a rise of 32 percent from last year, according to a survey by investment manager Foresight Group.
Bob Oros takes the helm at HighTower Advisors by Andrea Zander | Jan 8, 2019 HighTower Advisors has appointed Robert Oros as CEO, former Fidelity Investments and Charles Schwab executive.
BlackRock study: Global institutional investors shifting risks from public to private markets by Released | Jan 8, 2019 Amid rising concerns about a downturn in the economic cycle, institutional investors are looking to mitigate risks by increasing allocations to private markets according to BlackRock’s annual survey of global institutions.
Cannabis industry reached record funding in 2018 by Released | Jan 7, 2019 The cannabis industry has reached an all-time funding high, reaching nearly $2.2 billion in 2018, and totaling more than 300 deals.
Opportunity zone fund directory expands to 63 and nearly $16b in investment by Released | Jan 7, 2019 NCSHA released an updated edition of its Opportunity Zone Fund Directory, including details on 63 Qualified Opportunity Funds (QOFs) formed to attract Opportunity Zone investment in designated high-poverty neighborhoods.
Startup raises $100m to develop supersonic airliner by Released | Jan 7, 2019 Boom Supersonic, the Colorado company building a radically faster commercial aircraft, has closed a $100 million Series B investment round, bringing total funding to more than $141 million.
Buyout firm Apollo eyes deal for GE’s aircraft leasing unit, sources say by Andrea Zander | Jan 7, 2019 Private equity firm Apollo Global Management is in talks to acquire General Electric Co’s aircraft leasing operations, which are worth as much as $40 billion.
Broadstone becomes platinum sponsor of Real Assets Adviser magazine by Released | Jan 7, 2019 Broadstone Real Estate has joined Real Assets Adviser (RAA) magazine as a platinum sponsor, according to Jennifer Dohrmann-Alpert, RAA managing director.
Monarch Private Capital launches three funds to drive investment in opportunity zones by Released | Jan 4, 2019 Monarch Private Capital has launched three opportunity zone funds targeting market rate investments in qualified opportunity zones.
Vanguard to liquidate convertible securities fund by Released | Jan 4, 2019 Vanguard announced the $962.5 million Vanguard Convertible Securities Fund has been closed to new investors in advance of a planned liquidation in late March.
Renewables become Germany’s top energy source, topping coal for first time by Andrea Zander | Jan 4, 2019 Renewable energy was Germany’s main power source for the first time in 2018.
