Tag Archives: real estate

Cohen Steers reports $81.2B in assets, small net quarterly outflows and an operating margin of 32.8%

Investment advisory and admin fees were up 3% from last quarter to a total of $122.7 million. The operating margin was about 33%, up one percent quarter on quarter. The $81.2B in AUM are split as follows: – open-end funds: … Continue reading

Posted in Asset managment | Tagged , , , , , , | Leave a comment

Blue Owl expands into Real Estate Finance with Prima Capital Acquisition

Blue Owl is continuing its buying spree, this time for Real Estate Finance. The $165 billion multi-strategy alt manager (Credit, GP Strategic Capital, Real Estate), announced the acquisition of Prima Capital Advisors for the aggregate consideration of $170 million. Prima … Continue reading

Posted in Asset managment | Tagged , , , , , , , , , , , , | Leave a comment

Private real estate lender Kiavi launches construction product via tech and data platform

Kiavi is one of the largest US private lenders to residential real estate investors, with close to $19 billion in funded loans – with a focus on technology & data for economies of scale. Today they launched a new construction … Continue reading

Posted in Asset managment | Tagged , , , , , , , , , | Leave a comment

Multi-Convergence: BlackRock buys private equity real estate specialist MGPA – Asia focus

The era of multi-convergence. We have seen KKR/Schwab, GCS/ICBC/Dexia, Franklin Templeton/K2, Principal/Liongate, and many more examples of traditional and alternative convergence. This week BlackRock bought private equity real estate firm MGPA to boost its Asia and Europe presence, doubling its … Continue reading

Posted in alternatives, asia, black swans, Brand, cash flows, Chile, consulting, E&A, EFAMA, Enskat Associates, information delivery, institutional investor, management, multi-convergence, pension funds, private equity, SWFs, wealth management | Tagged , , , , , , , , , , , , , | Leave a comment

Earnings: BTG Pactual moves forward – acquisitions, investment funds, record numbers … and a lower Selic rate

When writing about Latin America, one cannot avoid looking at the example of Brazil. When writing about Brazil, one cannot avoid looking at the example of BTG Pactual. I have clearly written a lot about the firm in recent months … Continue reading

Posted in alternatives, Brazil, cash flows, Chile, distribution, E&A, Enskat, enskat associates, institutional investor, institutions, investment banking, LatAm, Latin America, multi-convergence, professional fund buyers, wealth management | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Earnings season: Blackstone reports record AUM and strong performance fee growth

Blackstone reported a 7% appreciation in its private equity funds and a 5% increase in real estate. Chairman and CEO Stephen Schwarzman confirmed “gross organic inflows of $38 billion over the last year, with $14 billion returned to our investors, … Continue reading

Posted in alternatives, asia, black swans, Brand, cash flows, consulting, Enskat, Enskat Associates, information delivery, institutions, management, money, multi-convergence, pension funds, private banking, professional fund buyers, wealth management | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment