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University of California invests $4bn in Blackstone’s real estate fund
A person of the largest endowments in the US is producing a $4bn expenditure into Blackstone’s flagship private true estate investment decision have faith in, in a transfer meant to shore up assurance in a $69bn fund that set boundaries on trader withdrawals very last 12 months right after struggling large redemptions. The College of California’s endowment, which manages extra than $150bn of belongings, reported on Tuesday it would make the financial investment in the Blackstone Authentic Estate Profits Have faith in, or Breit, at its latest net asset worth. That usually means it is getting a massive situation at the similar valuation as the fund’s extra than 200,000 present…
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Grupo Alvic invests in innovation and internationalization with the acquisition of French manufacturer Stratagem
– Stratagem, a specialist in the production of lot size one HPL and Compact countertops and kitchen doors, will strengthen Grupo Alvic’s product and service offerings MADRID, July 12, 2022 /PRNewswire/ — Grupo Alvic, a global leader in the manufacture and distribution of components for the furniture and decoration industry, continues to invest in innovation with the acquisition of the French firm Stratagem, one of the leading companies in the production of lot size one Compact and HPL countertops and doors. This decision represents one further step in Grupo Alvic’s commitment to internationalization, improving its knowledge and experience, as well as its customer service, while expanding the range of products…
