New fund - the largest of its kind - will focus on 'opportunistic' commercial real estate investments

Blackstone Group has closed the largest fund ever raised for investment in European commercial real estate, 

The global private equity giant amassed €7.8bn for the "opportunistic" fund, which will target riskier properties in a bid to deliver double-digit returns to investors.

Blackstone closes giant property fund on €7.8bn

Blackstone close giant property fund on €7.8bn

FN Staff

Blackstone Group

Ex-Citi banker takes over HSBC’s innovation unit

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Find out who is on the move in the City and beyond this week

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Former chair of the John Lewis Partnership is joining the Canadian pension fund giant early next year

One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.

GQG Launches Buyback After Stock Tumbles on Adani Probe

The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

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The U.S. auditing watchdog voted to require certain audit firms to disclose eight new metrics ranging from auditor turnover to partner involvement and restatement history.

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The AI titan will maintain its strong lead, but complicated product rollouts, sky-high expectations and the China threat add complications to growth potential.

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

U.K. Consumers Cheerier Ahead of Holidays as Budget, U.S. Election Jitters Fade

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