Finance News
Blackstone’s First Private Equity Fund for Rich Individuals Gets $1.3B
Dubbed BXPE, the fund will invest in private strategies including startups, fund stakes and the buyouts that Blackstone Chief Executive Officer Steve Schwarzman is known for.
By NB
Jan 9, 2024
Private Credit Pivots to Funds Giving More Access to Client Cash
Firms such as Carlyle Group Inc. and KKR & Co. are among those building so-called evergreen funds.
By NB
Jan 9, 2024
Grayscale’s 1.5% Fee Is Higher Than Spot Bitcoin ETF Competitors Like Fidelity, Invesco
The race-to-the-bottom on fees is a feature of the highly competitive $8 trillion US ETF industry, where even a couple of basis points of difference can translate into millions of dollars worth of inflows.
By NB
Jan 9, 2024
REITs End 2023 on a High Note Amid Favorable Interest Rate Outlook
When the end of a monetary tightening cycle is near, real estate investment trusts outperform. All signs indicate positive returns will continue in 2024, argues Edward F. Pierzak, senior vice president of research for the National Association of Real Esta
By NB
Jan 9, 2024