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Two U.S. private equity firms look set to icrease their exposure to UK real estate. U.S. private equity houses have moved closer to making two major UK real estate acquisitions as KKR and Blackstone line up accepted bids for Assura and Warehouse REIT, respectively. The moves highlight increasing activity among private equity players in the UK and Europe as they hoover up multiple listed companies. KKR has won a takeover battle for NHS landlord Assura after raising its bid to £1.7B. Assura confirmed that it had reached an agreement on...

Fund flows - meaning sales of products - in March were “surprisingly resilient.” As a variety of large brokerage firms, including LPL Financial, Charles Schwab & Edward Jones, revamp this year to give financial advisors easier access to sales of alternative investments, investment managers reported that March sales of these products were booming. Money managers such as KKR & Co. Inc. and Blackstone Inc. have long targeted sophisticated institutional investors to sell high risk, high reward investments, from hedge funds to private real estate and credit deals. Over the past...