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103
Fashion Jobs
UNDER ARMOUR
sr. Manager, HR Operations - Apac
Permanent · HONG KONG
SHISEIDO
Manager - Talent Management, Human Resources
Permanent · Hong Kong
SHISEIDO
Senior Manager - Marketing, Shiseido And Drunk Elephant
Permanent · Hong Kong
PUMA
Specialist, IT Service Delivery
Permanent · Hong Kong
AESOP
Digital Project Manager, Asia
Permanent · Hong Kong
SHISEIDO
Senior Officer/Officer - Business Planning, Nars And Bare Minerals
Permanent · Hong Kong
SHISEIDO
Assistant Manager - Demand And Operations Planning, Ipsa
Permanent · Hong Kong
PUMA
Garment Technician
Permanent · Hong Kong
PUMA
Senior Manager Technical Material Apparel
Permanent · Hong Kong
SHISEIDO
Manager - Retail Experience And Operations, Nars
Permanent · Hong Kong
SHISEIDO
Manager - Marketing, Shiseido Fragrance Division And dg Beauty
Permanent · Hong Kong
AESOP
Retail Consultant | Hong Kong And Macau
Permanent · Central
SHISEIDO
Senior Manager, Finance And Accounts
Permanent · Hong Kong
UNDER ARMOUR
sr. Professional, Environmental Sustainability
Permanent · HONG KONG
UNDER ARMOUR
sr. Professional, IT Infrastructure
Permanent · HONG KONG
UNDER ARMOUR
Accountant
Permanent · HONG KONG
UNDER ARMOUR
sr. Professional, Apac Reporting & Analytics, Supply Chain
Permanent · HONG KONG
SHISEIDO
Accounting Assistant, Finance And Accounts
Permanent · Hong Kong
LOVISA
Christmas Team Member - Telford Plaza
Permanent · KOWLOON BAY
LOVISA
Christmas Team Member - Mira Place
Permanent · TSIM SHA TSUI
LOVISA
Part Time Sales Associate - Mira Place
Permanent · TSIM SHA TSUI
PUMA
Junior Developer Fabric Apparel
Permanent · Hong Kong
By
Reuters
Published
Aug 13, 2019
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BlackRock becomes Authentic Brands' largest shareholder with $875 million stake

By
Reuters
Published
Aug 13, 2019

BlackRock Inc’s new private equity fund Long Term Private Capital (LTPC) has completed its maiden investment, taking up an $875 million (727 million pounds) stake in Authentic Brands Group LLC, making it the largest investor in the U.S.-based entertainment company, the fund said on Sunday.


The deal announced on Sunday, which was first reported by the Wall Street Journal, values Authentic Brands Group at more than $4 billion including debt - Photo: Juicy Couture


​“The fund itself put $625 million and we have another $250 million that is coming from related entities and co-investors,” André Bourbonnais, head of BlackRock’s Long Term Private Capital, told Reuters.

In April, BlackRock said it was set to start investing its long-term private capital vehicle, which had $2.75 billion in capital committed from cornerstone investors at the time.

The deal announced on Sunday, which was first reported by the Wall Street Journal, values Authentic Brands Group at more than $4 billion including debt, the Journal said, citing unnamed sources. LTPC sits inside BlackRock's Alternative Investors segment, which oversees investment in real assets, private equity and private credit.

The rise of BlackRock, the world’s largest asset manager, has been fuelled by the explosive growth in exchange-traded funds and index funds as investors shift to cheaper funds that mimic stock and bond indexes.

But as fund fees race to the bottom, BlackRock is looking at newer revenue sources.

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