| Qatar’s sovereign wealth fund has stepped up its hunt for US assets by investing alongside BlackRock, Macquarie Capital and Certares in American Express’ global business travel unit.
The investors led by Certares – a New York-based boutique founded by Greg O’Hara, the former chief investment officer of JPMorgan’s Special Investors Group – spent $900m for a 50 per cent stake in the joint venture which will continue to operate under the Amex brand, the company said on Monday...............................................Full Article: Source
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