Tuesday, 2 September 2014
Last updated 11 hours ago
Oct 2 2012 | 1:45pm ET
Alternative investments giant Blackstone Group has struck a deal for real-estate finance company Capital Trust's investment-management unit.
Under the deal, Blackstone Real Estate Debt Strategies acquires CT Investment Management for $20 million, taking over the management of its funds. Blackstone will also pay $10 million to buy an 18.2% stake in CTIM's soon-to-be-former parent company, Capital Trust.
As part of the CTIM purchase, Blackrock will also buy out Capital Trust's co-investment with CTIM.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
The twin debacles of MF Global and PFG have damaged the reputation of the futures industry demanding an examination of customer protection rules. New rules are being implemented, which will add cost a...