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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailU.S. tariff hikes will affect supply chains: Aberdeen Standard InvestmentsPruksa Iamthongthong, deputy head of Asia-Pacific equities at Aberdeen Standard Investments, says the latest U.S. tariffs will likely prompt more companies to relocate their supply chains out of China.
Persons: Iamthongthong Organizations: Investments, Aberdeen Standard Investments Locations: Aberdeen, Asia, Pacific, China
While doing things that felt familiar to the core business, the Davids were also expanding Standard Investments, an investment arm they established, which now manages more than $4 billion. The majority of that money is invested in the public markets, in other industrial companies like Shell. But in an email from Italy, where he was on vacation with his family, Mr. Carter dispelled that idea. “Hamilton was on the front lines in this,” Mr. Carter said. “He brought in Beth Kseniak to handle communications and, before you know it, the place was filled with the VF diaspora.”Stylish and well connected, Mr. South, 59, is also a Vanity Fair alum.
Persons: Davids, Carter, Kelly, , , Giorgio Armani, Ralph Lauren, “ Hamilton, Mr, Beth Kseniak, Tina Brown Organizations: Investments, Shell, Standard Investments, Air Mail, Hamilton, HL Locations: Italy
Zucker's firm, RedBird IMI, is reportedly one of three investors circling a majority stake in Air Mail. Jeff Zucker's media venture, RedBird IMI, is exploring a majority stake in Graydon Carter's startup Air Mail, The New York Times reported. It is one of three investors circling Air Mail, according to the Times. Carter, who spent 25 years leading Condé Nast's Vanity Fair, launched Air Mail — "a lively digital weekly for the world citizen," per its website — in 2019. In May 2021, as he was seeking investors for the series B, Carter told Insider he expected Air Mail to reach profitability in three years.
Persons: Jeff Zucker, Graydon Carter's, Zucker, Jeff Zucker's, Carter, Condé, Axios, RedBird, Zucker's, Chris Licht, David Zaslav, Licht, Donald Trump, Zaslav, Carter cohosted Organizations: CNN, IMI, Air Mail, Morning, RedBird IMI, The New York Times, RedBird Capital Partners, Abu, Media Investments, Air, Times, Standard Investments, TPG Growth, Warner Bros, Discovery, Cannes Film Locations: Abu Dhabi, Zaslav
Blackstone's real-estate business is literally fine, everyone. Yes, the private-equity giant had to limit investors from pulling their money out from the $69 billion Blackstone Real Estate Income Trust (BREIT) in December. And yes, it's also true that Blackstone had to tell investors again on Wednesday that investors were pulling money from BREIT. Murphy, an executive at Standard Investments, serving as Blackstone's new COO of corporate private equity and Heather von Zuben's appointment as COO of Blackstone's credit arm. As much as I enjoy poking fun at Blackstone, Schwarzman and Gray aren't necessarily wrong, to a degree.
Blackstone is making changes to its real estate, private equity, and credit leadership. Murphy will replace the longtime Blackstone executive Robert Ramsauer, who is leaving the firm after 19 years. It is also shuffling the leadership of its credit business and its real estate business that includes Blackstone Real Estate Income Trust, known as BREIT, a high-profile fund for the firm that has recently faced redemption requests. The firm's leadership changes extend to its credit business. von Zuben's shift marks the second leadership change in the credit business, a particularly competitive area for private investment firms, that Blackstone has announced this year.
[1/2] Chief Financial Officer of HSBC Georges Elhedery poses for a photo in this undated handout picture. It’s also surprised investors and raised questions about HSBC’s direction. Known at HSBC (HSBA.L) for his strategic vision more than for his accounting skills, Elhedery has climbed the ranks of HSBC’s investment bank since joining in 2005. "It was a surprise to us,” said Hugh Young, Asia chairman of Aberdeen Standard Investments, one of HSBC's top 25 shareholders. CEO Noel Quinn has done a good job but investors are impatient for faster progress, Young said.
Supply-chain startup Fictiv recently raised $100 million in a Series E funding round. Insider got an exclusive look at the pitch deck Fictiv used to bring investors on board. Fictiv, a supply-chain-management startup, recently raised $100 million in a Series E funding round backed by Bill Gates and Accel. Activate Capital led the Series E round, with participation from new investors Angeleno Group, Cross Creek, and the Westly Group. Insider got an exclusive look at the pitch deck Fictiv used to bring investors on board.
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