US-based alternatives investor Blackstone is widely known for buying up rental properties in ways that have often attracted criticism and even led to calls for legislation to curb the influence of the well-capitalized US business.
Meanwhile however, the another part of the investor's global setup has been quietly amassing volume: Logistics operator Mileway, established in 2019 when Blackstone consolidated its logistics and so-called box properties, typically for used for goods requiring a lot of space, into a single entity.
More from AMWatch
95 percent of active global high-yield managers struggle to consistently add value net of fees, according to the world's fourth-largest asset manager ahead of launching a global HY index fund. However, a recent survey by consultancy Kirstein showed a vast majority of Nordic investors preferring their HY portfolios actively managed.