By Janine Wolf
The price of the digital coin fell as much as 4.6 percent Tuesday to $6,450.01.
Blackstone has raised $7.1 billion for its second Asia real estate fund and another $2.3 billion for its first Asia PE fund.
Blackstone’s move is a bet on the future of commercial property across Australia’s east coast, where analysts expect strong demand to support yields even if interest rates rise from their current historic lows.
The Dubai-based investment firm plans to file before June 29 when a court hearing of a petition to liquidate Abraaj Holdings by Kuwait’s Public Institution for Social Security is scheduled.
CalPERS has also approved a commitment of €300 million ($353 million) to Carlyle Europe Partners V.
Asia is now home to 27% of the world’s 500 richest people, second only to North America.
The fund will focus on technology, media and telecommunications companies.
The building is expected to be sold for around W787 billion ($730 million) because of its prime location. The bidding price is expected to go up with the participation of foreign investors.
Airtel and Telkom Kenya were planning to merge to create a stronger challenger to Safaricom.
With its second-ever investment in an enterprise software company, the massive fund is seen to broaden its portfolio beyond consumer tech firms such as Uber and DoorDash.