Invitation Homes, a single-family home rental company founded by Blackstone in 2012, has confidentially filed for an IPO that could raise $1.5 billion, according to reports. Deutsche Bank and J.P. Morgan are said to be helping lead the offering, which could come in January and value the company at $7.5 billion.
Based in Dallas, Invitation Homes boasts a portfolio of over 50,000 homes across 14 US markets. Blackstone is believed to have spent some $10 billion on acquiring the properties, many of which were purchased at a discount in the direct aftermath of the housing crash.
Corsair Capital, the event-driven long-short equity hedge fund, gained 6.6% net during the second quarter, bringing its year-to-date performance to 17.5%. Q2 2021 hedge fund letters, conferences and more According to a copy of the hedge fund's second-quarter letter to investors, a copy of which of ValueWalk has been able to review, the largest contributor Read More
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