Manager
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World’s biggest asset manager BlackRock is now Yangzijiang Shipbuilding substantial shareholder
BlackRock, which manages over US$10 trillion in assets, acquires 10.8 million shares of maritime vessel maker to raise its deemed interest to over 5% ASSET manager BlackRock is Yangzijiang Shipbuilding’s…
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Dasin unitholders call for another EGM to internalise manager, replace adviser
THE trustee-manager of Dasin Retail Trust has received a requisition notice from a group of dissenting unitholders, as they sought to not only internalise Dasin’s trustee-manager function, but also to…
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Cromwell E-Reit to rename and rebrand, following completion of 280 million euro manager buyout
CROMWELL European Real Estate Investment Trust (Cromwell E-Reit) will be renamed Stoneweg European Reit from Jan 2, 2025, with corresponding updates to its security and counter names on the Singapore…
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Cromwell E-Reit manager to refinance office loans early with higher all-in interest rate facility
This is to facilitate the divestment of its stake in the Reit and European fund management platform THE manager of Cromwell European Real Estate Investment Trust (Cromwell E-Reit) on Tuesday…
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CLI to acquire Australian credit investment manager Wingate for A$200 million
CAPITALAND Investment (CLI) is acquiring the property and corporate credit investment management business of Wingate Group in Australia for A$200 million (S$173 million), to expand its private credit business and portfolio in the…
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BlackRock is near deal to buy private credit manager HPS
BLACKROCK is nearing a deal to buy HPS Investment Partners, a purchase that would vault the firm into the top ranks of private credit as it seeks to become a…
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BlackRock Nears Deal To Acquire Private Credit Manager HPS: Report
BlackRock had a verbal agreement to acquire a private credit manager, HPS Investment Partners. The deal was first reported by the Financial Times, stating that the value of the deal…
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BlackRock has deal to buy private credit manager HPS: report
BLACKROCK has a handshake deal to buy private credit group HPS Investment Partners, the Financial Times reported on Wednesday (Nov 27). The final deal value would be closer to US$12…
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NYC Man Accuses Manager of Intentionally Giving Him ‘Crampy’ Desk to ‘Show Him Who’s Boss,’ Sues for Millions in Damages
A New York man is suing for more than $4 million in damages after claiming that his manager intentionally gave him a small, “crampy” desk to “show him who’s boss.”…
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Citi appoints ex-BlackRock portfolio manager Kate Moore as CIO
Her role will include oversight of Citi’s chief investment office and global investment committee GLOBAL bank Citigroup announced on Wednesday (Nov 27) that it has appointed former BlackRock portfolio manager…
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Matthew Byars: ‘RHOP’ Star and Talent Manager Dies in Shock Suicide Aged 37 as Heartbroken Co-Stars Pay Touching Tribute
Matthew Byars, a talent manager best known for his appearance on “The Real Housewives of Potomac,” has tragically died. He was only 37 years old. The Maryland Chief Medical Examiner’s…
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Trump Names Hedge Fund Manager Scott Bessent As Treasury Chief
US President-elect Donald Trump on Friday named billionaire Scott Bessent as his Treasury secretary, choosing the hedge fund manager to help execute an agenda promising tax cuts and tariffs. Bessent,…
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US$34 billion asset manager plans to hire in Singapore for climate finance
Mirova currently has 13 employees in Singapore, mostly focused on investment and research Mirova, which manages assets worth about US$34 billion, plans to expand in Asia to tap the region’s…
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Peter Viens, new CEO of IReit Global’s manager, aims to diversify assets to attract institutional investors
The trust’s DPU is expected to drop as its Berlin property undergoes repositioning PETER Viens, the new chief executive officer of the manager of IReit Global, plans to diversify the…