Blue Owl Capital Hires Ex-Blackstone Executive Pillemer for Stakes Business (Reuters)
BOSTON (Reuters) – Asset management firm Blue Owl, which specializes in buying stakes in alternative money managers and direct lending, is hiring an executive from Blackstone Group’s hedge fund and private equity stakes business. Marc Pillemer will join New York-headquartered Blue Owl in January as a managing director and senior member of the investment team, executives told Reuters.
BlackRock, Brookfield Are Among Bidders for Aramco Gas Pipelines (Bloomberg)
BlackRock Inc., Brookfield Asset Management Inc. and EIG are among firms that made final bids for a stake in Saudi Aramco’s natural-gas pipeline network that could fetch more than $15 billion, people familiar with the matter said. Italian energy infrastructure operator Snam SpA, China’s state-backed Silk Road Fund Co. and Saudi government-controlled Hassana Investment Co. also made offers, the people said. Bidders are now discussing teaming up to form a consortium, the people said, asking not to be identified discussing confidential information.
Monday 11/8 Insider Buying Report: LDI, APD (Nasdaq.com)
At loanDepot, a filing with the SEC revealed that on Friday, Chief Executive Officer Anthony Li Hsieh bought 1,295,021 shares of LDI, for a cost of $6.74 each, for a total investment of $8.73M. Hsieh was up about 6.8% on the buy at the high point of today’s trading session, with LDI trading as high as $7.20 in trading on Monday. loanDepot is trading up about 10.1% on the day Monday. This buy marks the first one filed by Hsieh in the past year. And also on Friday, Director Wayne Thomas Smith bought $500,282 worth of Air Products & Chemicals, buying 1,637 shares at a cost of $305.61 a piece. Air Products & Chemicals is trading up about 0.7% on the day Monday. So far Smith is in the green, up about 2.1% on their purchase based on today’s trading high of $312.01.
The EVP, CFO of ServisFirst Bancshares (NYSE: SFBS) is Selling Shares (Analyst Ratings)
Yesterday, the EVP, CFO of ServisFirst Bancshares (SFBS), William Foshee, sold shares of SFBS for $2.72M. Following William Foshee’s last SFBS Sell transaction on June 04, 2021, the stock climbed by 16.2%. Based on ServisFirst Bancshares’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $104 million and quarterly net profit of $52.5 million. In comparison, last year the company earned revenue of $93.25 million and had a net profit of $43.36 million.
Chief Executive Officer Of Dariohealth Makes $720K Sale (Benzinga)
Erez Raphael, Chief Executive Officer at Dariohealth (NASDAQ:DRIO), made a large insider sell on November 4, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Raphael sold 38,340 shares of Dariohealth at prices ranging from $18.49 to $18.96. The total transaction amounted to $723,385. Following the transaction, Raphael still owns 877,135 shares of the company, worth $16,411,195.
