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For most people, tumbling down the rabbit hole of HGTV usually means screaming at an episode of
House Hunters to get out the day’s frustrations before drifting quietly to bed. Those undisturbed rests are some of the best, most restorative slumbers one can have, filled with images of Hilary Farr and David Visentin frolicking through dreamland as they decide which house to love or list next. However, for Grammy Award-winning rapper, producer, and interjection enthusiast Lil Jon, it means getting in on the action.
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Following the news of a $43 billion merger between Warner Media and Discovery, HGTV is ready to bust out the big guns, announcing that Lil Jon is “ready to reveal his passion for home renovation.” If it weren’t so painfully obvious, “What? Huh? Ok” are probably the most appropriate responses to something like the news that Lil Jon has a new home renovation show coming to HGTV. But what m
Apollo, KKR Earnings Show Massive Fundraising Hauls but Few Deals
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Apollo (NYSE: APO) and
KKR (NYSE: KKR) give us a snapshot of where the industry’s titans are deploying capital. After taking a look at
Blackstone (NYSE: BX) results last week, here’s an overview of where other top plays stand.
Among the big takeaways from Apollo’s earnings call today? Fundraising was robust, clocking in at $13 billion to match the firm’s 4Q haul. That brings the company’s total dry powder to $50 billion.
Yet deployed capital remained below analyst expectations, with $2.7 billion invested versus $2.5 billion in 4Q and $5 billion in the same quarter last year. Recent deals include a club deal with