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A version of this article appeared in CNBC’s Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from private equity and private credit to hedge funds and venture capital. Sign up to receive future editions, straight to your inbox. Wealthy individuals have been pouring into alternative assets in recent years, thanks in part to […]
The owners of a luxury Chicago steakhouse who are opening an outpost at a Midtown tower that’s partially owned by Donald Trump allegedly used federal funds meant to pay employees’ salaries during COVID for personal expenses – including $2 million on Learjet, according to a bombshell lawsuit. Maple Hospitality Group, the owners behind Maple & […]
New York Gov. Kathy Hochul wants to make it more difficult for private equity firms and hedge funds to buy up residential properties in the Empire State. Hochul on Thursday proposed several measures to the state budget that would prevent institutional investors from bidding on homes in the first 75 days that they are listed […]
