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Anonymous ID: ba1acc July 14, 2021, 4:26 p.m. No.72349   🗄️.is đź”—kun   >>2359 >>2401 >>2438

SAM833 USAF C-40B departed MacDill AFB after an overnight ne to JBA

'twas a VENUS flight on the outbound (non-VIP) 99th Airlift squad passenger(s) and a SAM Special Air Mission (VIP) on the return trip.

So they picked up someone or a group of someones according to the SAM designation on the nw bound leg

It has a gap of about 44 hours from heading se (and dropping from scope) and then appearing heading nw

This AC departed MacDill AFB as VENUS35 on 0710 after arriving the prior day from JBA as same.

Had a ground stop/ refuel at Shannon, Ireland then se and drops from the scope on the boot of Italy to re-appear neading nw on 0713 at the same location as SAM833

Stopped at Shannon for refuel and currently inbound to JBA from it's MacDill AFB overnight

02-5001 USAFSOC C-32B se from a stop somehwere in northern Montana (guessing as the trace data is incomplete as to exactly where) from it's Bragg departure earlier today

 

>>72159 pb

Merkel just landed from Berlin at Dulles Int'l

 

German AF GAF906 Airbus A340 on descent for Dulles Int'l Airport

German FM arrived at NYC last night from Detroit Pfizer factory visit >>72058 pb

 

Merkel brings message of stability to US on farewell visit

https://abcnews.go.com/International/wireStory/merkel-brings-message-stability-us-farewell-visit-78843329

Anonymous ID: ba1acc July 14, 2021, 4:53 p.m. No.72357   🗄️.is đź”—kun   >>2401 >>2438

Blackstone to Buy $7.3 Billion of AIG Housing, Insurance Assets

 

American International Group Inc. said it agreed to sell a 9.9% equity stake in its life and retirement business to Blackstone Group Inc. for $2.2 billion in cash.

 

The insurer and the private equity giant agreed to a “long-term strategic asset management relationship” for an initial $50 billion from the life and retirement portfolio, AIG said Wednesday in a statement. AIG will also sell affordable-housing assets to Blackstone for $5.1 billion. The deal builds on two initiatives by Blackstone: to build its so-called permanent capital through an expansion into insurance, and to pursue lower-cost rentals for its real estate business.

 

Blackstone and its private equity peers Apollo Global Management Inc. and KKR & Co., have been attracted to insurance because it generates a steady stream of capital that can be invested. The expansion in permanent capital helps firms become less reliant on the ups and downs of the private equity model that demands regular fundraising from institutions. Private equity firms have also taken advantage of a movement by insurers to shed life businesses and non-core assets to raise capital. In January, Blackstone agreed to buy a life business from Allstate Corp. for $2.8 billion. As part of that deal, the firm agreed to oversee a $28 billion portfolio.

 

The AIG-Blackstone asset-management deal is expected to grow to $92.5 billion in the next six years. When the deal closes, Jon Gray, president and chief operating officer of Blackstone, will sit on the board for the life and retirement business. “We are honored to become AIG’s strategic partner, supporting the growth and success of one the world’s top life insurers as a standalone business,” Gray said in a statement. “We believe our leading private credit origination platform will play an important role to help meet long-term policyholder obligations while maintaining strong credit quality.”

 

The purchase of AIG’s housing assets builds on a strategy that Blackstone has been pursuing to own lower-cost rental units. In May, the private-equity firm told the San Diego Union-Tribune that it was buying roughly 5,800 apartment units in San Diego County from the Conrad Prebys Foundation for more than $1 billion. Blackstone said at the time that it planned to keep most of the rentals affordable for residents who make 80% or less of the area median income.

https://www.bnnbloomberg.ca/blackstone-to-buy-7-3-billion-of-aig-housing-insurance-assets-1.1629096