Wall Street is ramping up financing to private-equity firms buying homes to rent, helping them accelerate purchases as competition increases and prices jump.
Wall Street magnate Stephen Schwarzman, when asked why he is supporting Republican Mitt Romney for president, had a simple response: profit.
Blackstone Group LP, the world’s biggest manager of alternative assets, will seek more investments in Southeast Asia following the opening of an office in Singapore seven years after entering the Asia-Pacific region.
"The main customers are all there and we want to provide them with their kit."
- Peter Rose on Aug 28, 2014