订阅

多平台阅读

微信订阅

杂志

申请纸刊赠阅

订阅每日电邮

移动应用

投资理财

贝莱德效仿巴菲特模式,启动长期私募资本项目

彭博社 2018年02月12日

贝莱德将向主权财富基金、养老基金和其他大型投资者募资。

全球最大的财富管理机构贝莱德公司(BlackRock Inc.)计划募资超过100亿美元,用于收购和持有目标公司股份。

贝莱德旗下管理的资产接近6万亿美元。据知情人士透露,贝莱德计划为“贝莱德长期私募资本”(BlackRock Long-Term Private Capital)项目,向主权财富基金、养老基金和其他大型投资者募资。

该知情人士称,这一新投资工具将针对长期主题,进行5亿至20亿美元之间的投资,例如全球人口分布差异、中产阶级增长以及千禧一代消费模式改变等。由于目前相关信息尚未公开,因此该爆料人要求匿名。例如,该项目可能收购家族企业的少数股权。贝莱德可能希望长期持有目标公司的股份,此举是在效仿伯克希尔哈撒韦公司的投资方式。但与举世闻名的投资人沃伦·巴菲特不同,该基金可能不会全盘收购一家公司。

由首席执行官劳伦斯·D·芬克执掌的贝莱德,由此将成为凯雷投资集团(Carlyle Group LP)、阿波罗全球管理公司(Apollo Global Management LLC)和黑石集团(Blackstone Group LP)等私募股权投资巨头的潜在竞争对手。

贝莱德与黑石的渊源

贝莱德最初隶属于黑石集团总部旗下,黑石集团是贝莱德的第一位投资者,当时黑石集团以5亿美元信用额度获得了贝莱德40%的股份。据彭博社之前报道,随着贝莱德业务的增长,黑石集团与贝莱德之间的关系日趋紧张。1994年,芬克与黑石集团联合创始人苏世民就贝莱德的独立问题产生了争执,最终黑石集团以2.4亿美元的价格,将贝莱德出售给了PNC金融服务集团(PNC Financial Services Group Inc.)。

知情人士称,贝莱德希望在今年年中之前完成募资。该项目的负责人为马克·怀斯曼和另类投资部门负责人戴维·布鲁默。贝莱德在2016年聘请怀斯曼负责其全球主动性股票投资业务。怀斯曼此前是加拿大最大养老基金的掌门人。

有知情人士在上个月透露,美国最大的养老基金加州公务员退休基金(California Public Employees’ Retirement System,Calpers)可能会与其他资产管理公司合作,帮助其管理400亿美元的私募股权投资组合,贝莱德和路博迈集团(Neuberger Berman Group)均是其考虑的对象。加州公务员退休基金旗下管理的资产超过3,500亿美元。据其公布的一份资料显示,其在12月份向希望就其私募股权投资组合建立“战略合作伙伴关系”的资产管理公司,发去了信息请求。(龙8国际|官网)

译者:刘进龙/汪皓 

BlackRock Inc., the world’s largest money manager, is seeking to raise more than $10 billion to buy and hold stakes in companies.

BlackRock, which oversees about $6 trillion in assets, is seeking capital from sovereign-wealth funds, pensions and other big investors for an effort named BlackRock Long-Term Private Capital, according to a person familiar with the matter.

The new vehicle would make investments between $500 million to $2 billion on long-term themes like diverging demographics globally, the growing middle class and millennial spending patterns, said the person, who asked not to be named because the information is private. An example of an investment might be a minority stake in a family-owned business. Similar to the approach of Berkshire Hathaway Inc., BlackRock would look to hold on to its stakes for a long time. Unlike famed investor Warren Buffett though, the fund might not buy a whole business.

The move may position BlackRock, which is headed by Chief Executive Officer Laurence D. Fink, to compete with private-equity giants such as Carlyle Group LP, Apollo Global Management LLC and Blackstone Group LP.

Blackstone Roots

BlackRock began in the headquarters of Blackstone, its first financial backer, which gave BlackRock a $5 million line of credit for a 40% stake. While business was picking up, the relationship between BlackRock and Blackstone became tense, Bloomberg has previously reported. Fink had a falling out with Blackstone co-founder Stephen Schwarzman in 1994 over BlackRock’s independence, resulting in the sale of BlackRock to PNC Financial Services Group Inc. for $240 million.

BlackRock hopes to complete the fundraising by the middle of this year, the person said. The initiative will be overseen by Mark Wiseman with David Blumer, head of alternatives at the New York-based company. BlackRock hired Wiseman, the former head of Canada’s largest pension fund, in 2016 to run its global active equity business.

BlackRock and Neuberger Berman Group are among firms that California Public Employees’ Retirement System, the largest U.S. pension fund, might look to partner with as it seeks help to manage its $40 billion private equity portfolio, people familiar with the matter said last month. The retirement system, which oversees more than $350 billion, sent requests for information in December to a group of asset managers seeking a “strategic partnership” for its private equity portfolio, according to a document released by Calpers.

我来点评

  最新文章

最新文章:

500强情报中心

财富专栏