James Comtois

The Leon Black-led asset manager reported big boosts to net economic income and revenues in its first set of results since going public, due in part to strong performance from its buyout unit.

The Toronto-based fund manager has revealed plans for its most significant real estate capital raising effort since it attracted $5.5 billion for its Real Estate Turnaround Consortium. The fund is one of seven fundraising efforts with a combined total capital raising target of $7 billion.