Soho China Sells to Blackstone, Cementing Owners’ Exit

The husband-and-wife team atop Soho China had already been keeping a lower profile than they did during an earlier, freer era of the country’s economic revival. Now they are selling their real estate business to Blackstone.

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How Private Equity Firms Avoid Taxes

The I.R.S. almost never audits private equity firms, even as whistle-blowers have filed claims alleging illegal tax avoidance.

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Oatly, a Maker of Oat Milk, Is About to Have Its IPO

Oatly, maker of dairy alternatives, could be worth $10 billion when it lists on the stock market this week. The share sale is a barometer of changing consumer preferences.

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Private Equity Firms Are Piling On Debt to Pay Dividends

Dividend recaps, a kind of borrowing long condemned for loading up companies with debt for the benefit of their private equity owners, has surged.

#banking-and-financial-institutions, #blackstone-group-the, #credit-and-debt, #dividends-finance, #private-equity, #tpg-capital, #warren-elizabeth

Join Us in Miami! Love, Masters of the Universe

Silicon Valley techies and Wall Street titans have bought homes and moved businesses there in the pandemic, coaxed by an eager mayor.

#banking-and-financial-institutions, #blackstone-group-the, #computers-and-the-internet, #coronavirus-2019-ncov, #elliott-management-corp, #entrepreneurship, #miami-fla, #private-equity, #real-estate-and-housing-residential, #relocation-of-business, #start-ups, #suarez-francis-x-1977, #venture-capital

Should Business Executives Who Enabled the Capitol Riots Be Held to Account?

Business is about accountability.

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Private Equity, Lobbying the U.S. for Help, Is Mostly Hearing ‘No’

As the government rolls out trillions of dollars in emergency stimulus funds, a push by the industry has met with only modest success.

#american-investment-council, #apollo-global-management, #better-markets-inc, #blackstone-group-the, #carlyle-group-lp, #coronavirus-2019-ncov, #credit-and-debt, #lobbying-and-lobbyists, #private-equity, #stimulus-economic, #term-asset-backed-securities-loan-facility-talf, #united-states, #united-states-economy, #united-states-politics-and-government

Wall Street, Encouraged by Biden’s Wins, Breaks Out Its Checkbooks

Fearful of the more progressive candidates, some finance executives had sidelined themselves from the elections until Mr. Biden surged.

#bain-capital, #banking-and-financial-institutions, #biden-joseph-r-jr, #blackstone-group-the, #blankfein-lloyd-c, #bloomberg-michael-r, #buttigieg-pete-1982, #campaign-finance, #clinton-hillary-rodham, #cooperman-leon-g, #democratic-party, #goldman-sachs-group-inc, #high-net-worth-individuals, #presidential-election-of-2020, #united-states-politics-and-government