Blackstone Inc.

Scot Sellers to Be Named Chairman of the Board of Howard Hughes Holdings Inc. at Company’s Upcoming Annual Meeting

Retrieved on: 
Thursday, April 4, 2024
Irvine Company, Growth, Blackstone Inc., Howard Hughes, Cornell University, Mergers and acquisitions, MPC, Acquisition, GGP Inc., City, HHH, The, Partner, Collection, Pershing Square Capital Management, Mergers & Acquisitions, Ackman

THE WOODLANDS, Texas, April 04, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE: HHH) announced today that long-time Howard Hughes board member Scot Sellers will be named Chairman of its Board of Directors at HHH’s upcoming annual meeting. Sellers will succeed Pershing Square Capital Management, L.P. (“Pershing Square”) Founder and CEO Bill Ackman, who will be retiring from the HHH board after serving as its chairman since founding Howard Hughes in 2010. Pershing Square Partner Ben Hakim is being nominated for the Howard Hughes board to replace Ackman. Pershing Square intends to remain a major, long-term shareholder of HHH.

Key Points: 
  • Long-time HHH Board Member and former Archstone CEO to succeed Bill Ackman as Board Chairman;
    THE WOODLANDS, Texas, April 04, 2024 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE: HHH) announced today that long-time Howard Hughes board member Scot Sellers will be named Chairman of its Board of Directors at HHH’s upcoming annual meeting.
  • Pershing Square Partner Ben Hakim is being nominated for the Howard Hughes board to replace Ackman.
  • Sellers has served on the Board of Directors of Howard Hughes since the company’s inception.
  • Sellers currently serves on the board of The Irvine Company and is Chairman of the Board of Maui Land & Pineapple Company.

APARTMENT INCOME REIT INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Apartment Income REIT Corp. - AIRC

Retrieved on: 
Tuesday, April 9, 2024
Class Action Lawsuit, Professional Services, Legal, KSF, Blackstone Inc., BX, AIRC, Aimco, Sale

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Apartment Income REIT Corp. (NYSE: AIRC) to Blackstone Inc. (NYSE: BX).

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Apartment Income REIT Corp. (NYSE: AIRC) to Blackstone Inc. (NYSE: BX).
  • Under the terms of the proposed transaction, shareholders of Apartment Income will receive $39.12 in cash for each share of Apartment Income that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

Gatewood Capital Partners Announces Promotions

Retrieved on: 
Monday, April 1, 2024
Asset Management, Professional Services, Finance, Comparative, Certified Public Accountant, Culture, LLB, Growth, Computing, Cornell University, Duff, Duff & Phelps, Information science, EY, Mizuho Bank, Master of Science, Investment, Analyst, JPMorgan Chase, Blackstone Inc., Marketing

Gatewood Capital Partners LLC (“Gatewood”), a premier private equity firm focused on seeding and anchoring emerging managers, today announced promotions and expanded roles of its team.

Key Points: 
  • Gatewood Capital Partners LLC (“Gatewood”), a premier private equity firm focused on seeding and anchoring emerging managers, today announced promotions and expanded roles of its team.
  • Mr. Zassman focuses on investment origination, due diligence and portfolio management at Gatewood.
  • Before joining Gatewood in 2021, Mr. Zassman held several positions at Blackstone Inc., most recently as a member of the Blackstone Strategic Capital Group’s investment team, focused on GP stakes investments.
  • Amir Aviv, Managing Partner of Gatewood, added, “These promotions and increased responsibilities reflect their contributions and positive impact at the firm and with our portfolio investments.

The FII Miami Summit brings leaders together for positive change including Gwyneth Paltrow, Rob Lowe & Augusto of Global Child "Travel & Purpose"

Retrieved on: 
Tuesday, March 26, 2024
Tubi, Future Investment Initiative Institute, Miami International Airport, IHeartMedia, Climate change, Mass media, Blackstone Inc., Travel, Society, FII, Artificial intelligence, Hope, LATAM Airlines Group, Marine conservation, VIX, Heart, Movement, Vizio, Miami Dolphins

"At the heart of our endeavor is the need to connect the planet as we showcase positive initiatives like many of those championed at the FII Events.

Key Points: 
  • "At the heart of our endeavor is the need to connect the planet as we showcase positive initiatives like many of those championed at the FII Events.
  • The latest FII conference in Miami, themed 'On the Edge of a New Frontier,' underscored the rapid technological shifts reshaping societies and economies globally.
  • Richard Attias, CEO of FII Institute, emphasized the urgency for collaborative action in addressing pressing challenges, including the regulation of artificial intelligence.
  • Global Child "Travel & Purpose" can be enjoyed on major streaming platforms around the world like Vizio, Tubi, Peacock, VIX, RokuChannel, Emirates, LATAM Airlines & others.

Vanguard Unseats BlackRock's Top Spot in Broadridge's 2024 Best-Performing Fund Brand Ranking in the U.S.

Retrieved on: 
Tuesday, March 26, 2024
JPMorgan Chase, Stasis, AIB (NI), Fidelity, Vanguard, Marketing, Research, BlackRock, Blackstone Inc., ETF, Communication, Financial services

NEW YORK, March 26, 2024 /PRNewswire/ -- The latest edition of Broadridge's Fund Brand 50 (FB50), an annual research study by global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR) was released today, highlighting the world's best-performing third-party asset management brands. U.S. fund selectors prize solidity and client service as the domestic giants jostle for position and strengthen their hold on the asset management industry.

Key Points: 
  • While no-one new breaches the top five, the major firms jostle for position, with Vanguard usurping BlackRock's position atop the ranking.
  • Vanguard was able to maintain first place in the three highest-ranked brand attributes and duked it out with BlackRock across the entire brand spectrum.
  • In fact, the two firms split first place in eight of the 10 categories, with Vanguard winning by points total.
  • French firm Natixis IM remains the highest-ranked non-US brand but fell from 22nd place to 32nd.

APi Group Announces Pricing of Upsized Secondary Public Offering of Common Stock

Retrieved on: 
Friday, March 1, 2024
Other Manufacturing, Technology, Construction & Property, Security, HVAC, Utilities, Building Systems, Manufacturing, Energy, Other Construction & Property, Attention, API, J.P. Morgan & Co., CJS, Prospectus, Viking Global Investors, UBS, Sale, Form, Blackstone Inc., BofA Securities, Security (finance), Barclays, Form S-3, Citigroup, Jefferies

APi Group Corporation (NYSE: APG) (“APi” or the “Company”) announced the upsize and pricing of the previously announced underwritten registered public offering of 10,569,106 shares of common stock of the Company commenced by certain funds affiliated with Blackstone Inc. (the “Blackstone Selling Stockholders”) and Viking Global Investors LP (the “Viking Selling Stockholders”), collectively, the “Selling Stockholders,” at a public offering price of $34.25 per share.

Key Points: 
  • APi Group Corporation (NYSE: APG) (“APi” or the “Company”) announced the upsize and pricing of the previously announced underwritten registered public offering of 10,569,106 shares of common stock of the Company commenced by certain funds affiliated with Blackstone Inc. (the “Blackstone Selling Stockholders”) and Viking Global Investors LP (the “Viking Selling Stockholders”), collectively, the “Selling Stockholders,” at a public offering price of $34.25 per share.
  • The Selling Stockholders received the offered shares upon conversion of then-existing 5.5% Series B Perpetual Convertible Preferred Stock (the “Series B Preferred Shares”).
  • In connection with the offering, the Selling Stockholders granted the underwriters a 30-day option to purchase up to 1,585,365 additional shares of common stock held by the Selling Stockholders.
  • APi is not selling any shares of common stock and will not receive any proceeds from the sale of the shares of common stock in the offering.

APi Group Announces Launch of Secondary Public Offering of Common Stock

Retrieved on: 
Wednesday, February 28, 2024
Other Manufacturing, Technology, Construction & Property, Security, HVAC, Utilities, Building Systems, Manufacturing, Energy, Other Construction & Property, Attention, API, Prospectus, Viking Global Investors, UBS, Sale, Form, Blackstone Inc., Security (finance), Citigroup, Partner

In connection with the offering, the Selling Stockholders intend to grant the underwriters a 30-day option to purchase up to 1,219,510 additional shares of common stock held by the Selling Stockholders.

Key Points: 
  • In connection with the offering, the Selling Stockholders intend to grant the underwriters a 30-day option to purchase up to 1,219,510 additional shares of common stock held by the Selling Stockholders.
  • APi is not selling any shares of common stock and will not receive any proceeds from the sale of the shares of common stock in the offering.
  • UBS Investment Bank and Citigroup are acting as joint bookrunning managers for the offering and Blackstone Securities Partners L.P. is acting as co-manager.
  • The offering of the shares of common stock is being made only by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended.

TRICON RESIDENTIAL INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Tricon Residential Inc. - TCN

Retrieved on: 
Tuesday, February 27, 2024
Class Action Lawsuit, Professional Services, Legal, KSF, Sale, TCN, BX, Blackstone Inc.

and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Tricon Residential Inc. (NYSE: TCN) to Blackstone Inc. (NYSE: BX).

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Tricon Residential Inc. (NYSE: TCN) to Blackstone Inc. (NYSE: BX).
  • Under the terms of the proposed transaction, shareholders of Tricon will receive $11.25 in cash for each common share of Tricon that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

MIAMI INVESTOR SUMMIT KICKS OFF TODAY WITH GLOBAL LEADERS DISCUSSING HUMANITY'S BIGGEST CHALLENGES

Retrieved on: 
Friday, February 23, 2024
FII, Sustainability, Franklin Templeton Investments, Public policy, Blockchain, Artificial intelligence, Blackstone Inc., AI, Arm, Investment, Computer, Thought, Harvard University, Government, Education, Entrepreneurship, State Street, Bombardier Inc., Health care, Ministry of Investment, Future Investment Initiative Institute, Policy, Public Investment Fund, Dell Technologies, Papal conclave, Knowledge, Robotics, NEOM, Corcoran Group, Treasury, ACWA Power, GFH, HSBC, Renewable energy

MIAMI, Feb. 23, 2024 /PRNewswire/ -- Leading figures from finance, government, business, tech, and innovation are convening to deliberate on a range of pressing economic and public policy issues at FII PRIORITY Miami summit, a major global investor summit, held today and tomorrow at Miami's Faena Forum.

Key Points: 
  • MIAMI, Feb. 23, 2024 /PRNewswire/ -- Leading figures from finance, government, business, tech, and innovation are convening to deliberate on a range of pressing economic and public policy issues at FII PRIORITY Miami summit, a major global investor summit, held today and tomorrow at Miami's Faena Forum.
  • The summit brings together investors from around the world gathered with CEOs of major global corporations and policy experts to seek workable impactful solution to issues such as the regulation of AI.
  • The summit's much anticipated roundtable of global CEOs, entitled the "Board of Changemakers," discussed trends and economic outlook.
  • The FII PRIORITY Miami summit continues conversations held in Hong Kong and Riyadh in Autumn 2023.

MIAMI INVESTOR SUMMIT KICKS OFF TODAY WITH GLOBAL LEADERS DISCUSSING HUMANITY'S BIGGEST CHALLENGES

Retrieved on: 
Friday, February 23, 2024
FII, Sustainability, Franklin Templeton Investments, Public policy, Blockchain, Artificial intelligence, Blackstone Inc., AI, Arm, Investment, Computer, Thought, Harvard University, Government, Education, Entrepreneurship, State Street, Bombardier Inc., Health care, Ministry of Investment, Future Investment Initiative Institute, Policy, Public Investment Fund, Dell Technologies, Papal conclave, Knowledge, Robotics, NEOM, Corcoran Group, Treasury, ACWA Power, GFH, HSBC, Renewable energy

MIAMI, Feb. 23, 2024 /PRNewswire/ -- Leading figures from finance, government, business, tech, and innovation are convening to deliberate on a range of pressing economic and public policy issues at FII PRIORITY Miami summit, a major global investor summit, held today and tomorrow at Miami's Faena Forum.

Key Points: 
  • MIAMI, Feb. 23, 2024 /PRNewswire/ -- Leading figures from finance, government, business, tech, and innovation are convening to deliberate on a range of pressing economic and public policy issues at FII PRIORITY Miami summit, a major global investor summit, held today and tomorrow at Miami's Faena Forum.
  • The summit brings together investors from around the world gathered with CEOs of major global corporations and policy experts to seek workable impactful solution to issues such as the regulation of AI.
  • The summit's much anticipated roundtable of global CEOs, entitled the "Board of Changemakers," discussed trends and economic outlook.
  • The FII PRIORITY Miami summit continues conversations held in Hong Kong and Riyadh in Autumn 2023.